InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,955.99
(
1.07%
)
Post# of 51805
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

chris3403

Send PM Follow Ignore
Followers 8
Posts 1519
Boards Moderated 0
Alias Born 07/24/2003

chris3403

Re: slinky post# 42837

Thursday, 02/04/2010 6:59:28 PM

Thursday, February 04, 2010 6:59:28 PM

Post# of 51805
My problem with this past Friday as being a 5 wk low:
It would have ran 19TD or 21 counting the NTD's.
We have already taken that low out.
My understanding is in a bull market cycles appear to have a tendency to speed up and there isn't anything bullish since this past Friday. Charts suggest that while we are possibly oversold here we haven't quite reached the depths that shout oversold time to bounce. I can't help but feel that there might be anywhere from 1 to 5 more days before the 5wk low comes in.
gl/gt
chris
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up