DOW 18,000 ?
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And Miller knows what he is talking about - Like him as an announcer.
The way he adds his tid-bits in....so often makes me nod.
Ultimate in the event of a Total Mkt Meltdown, yeah.....but
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Long-Term versus Short-Term lines
Long-Termers always will carry more weight
But THESE lines may be more sig. than them all
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Hence : Always gotta keep The Grand Daddy of 'em all in mind :
High fade - Lol - Now that sounds like a golfer - and Yup - Guys got a snippet of Nicklaus as his meme.....
Any kind of fade is a bit hard to hit plus there exists quite a yardage decline with a fade, no ?
Not that I can't hit one but a hook's what I guard against.
Scored my first hole-In-One the other day (on my very first (late) round of the year).....
IT was a wonderfully struck 6 iron with about 5 feet of DRAW
Normally a (high) fade would be great on the hole especially if the pin was on the right (which it wasn't)
Anyways, just thought I'd point all this out.....LoL - Take care
Global market fears subsiding.....Pre-market S&P Futures up 21
See post which this replies to
This chart was sketched up late last night (and Europe is UP this morn. !)
5:30am pacific now......Heading back to bed
Markets set to open in one hour
Stay the course me buckos
News out :
http://ih.advfn.com/p.php?pid=nmona&article=78537320
Have U been tracking NINES' chart lately ?
Yup - Global rout on.....Things looking good....
Everything's coming together...(sorry to have to report).
C'mon !....
Didn't you all see this as quite a likelihood (the rather high odds of a risk-off scenario) ?
Well ?....I "predicted" it would Spike up, Clonk its' head and then drop down to $ 45-ish....
Predicted that back on October the 2nd :
And hey ! I'm not too far off of all that occurring !
'Cept now we might be looking for The Slick Blue Line (instead of the $45).....
Depends....
How do ya' think Asia will trade tonight ?......
And if THAT were to happen (if it opens there), I think we would have, what's referred to as "Confirmation".....
A Global Market Selloff !.....Sweet !.....A Toronto 14,000 Target !.....
Nice....
I LIVE for this sort of thing ya' know (exposing how all of this BS gets gamed) !
Am sure looking forward to the next few days ahead !....Cheers
May The Stock Market God(s) all be WITH you.....ie : Satan
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WEED October 4th :
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And it's currently sitting at around $ 49
Just edited further : Thank you for keeping us posted here. Meant to reply the other day.
So DB was out with bad earnings today ?....Why's, I had no idea they were about to report and yet.....
This from a month or so ago :
So what else fundamentally might be on the Euro tap ? . . . . Did I see you say that the EU has officially rejected some aspect of Italys' banking or countrys' debt ?....Officially downgrade or.....Aw heck I dunno - All's I can do is read and pull up (a few) charts.
Wish I could locate a chart of Italy's equity market.....Plus as U mentioned, find that bank stock U mentioned - Have found a number of others however - Just can't find the countrys' darned primary index - What it its' name ? Where is it centered ? Milan ? Rome ? I dunno....
Anyways, all the best and once again thanks !
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I did not know that !....Interesting ! Thanks !
Although I wish you'd have mentioned it as soon as it happened.....
What topic would one go seeking to learn about "ranges" please ?
Wow he wouldn't answer that question.....Nice - Just tells one to go find it themselves.
LoL - Or no - Make that ROLFMAO