InvestorsHub Logo
Followers 4
Posts 1860
Boards Moderated 0
Alias Born 08/12/2005

Re: None

Monday, 09/26/2005 12:19:27 PM

Monday, September 26, 2005 12:19:27 PM

Post# of 79025
Lindy, I'm agnostic...neither bull nor bear. Just reporting what I see. As cruzship stated below, nocona's RSI-5 method clearly registers a sell now (as it did at Friday's close). Those who manipulate the indexes jammed the futures last night. And their PR folks did a great job of convincing everyone this weekend vis-a-vis the news media that the economy was in great shape despite Rita's (and Katrina's) negative effects. I lean in a bearish direction because my charts clearly indicated the current bear trend began August 4 and hasn't changed despite the counter-trend Labor Day rally (which ended 9/13). No cheerleading necessary. Good luck and good trades. 2X

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.