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mdimport

05/12/14 4:47 PM

#24810 RE: watchingsum #24809

Can you explain the dojo please. Not just a link to a website, but what you understand it to mean from your trading experience and why.

Thanks.

chklingon

05/12/14 4:54 PM

#24811 RE: watchingsum #24809

To be precise... doji, not dojo. These are more precisely three spinning tops. That means we have gridlock and neither buyers or sellers know what the heck to do. We are just trading shares and marching in place.

SAR still negative, Bollie is flat, PPO is flat, Accum/Dist is flat. In other words in military parlance, hurry up and wait.

Still WAY to much selling, but seems like 16 is a happy spot for now. Long way from the trips we were in, but no closer for now to higher.

Have a great evening everyone.