Replies to post #67 on ETF SWING & DAY TRADING

[denmo83]

Regarding GE...

I monitor GE for some friends on the RB GE board.

On page 2 of my list of charts, you'll find 2 charts for GE.

The 2nd GE chart shows the buy and sell signals dating back the last 6 months. They got an official buy signal on Monday, but I use shorter term charts get me closer to the tops and bottoms.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID345695

[Loser]

YHOO..

Normally I would agree with your assessment but for whatever reason YHOO has been setting the tone for the market since the October 2002 lows.

In fact it was YHOO's much better than expected numbers after hours on October 9th that, arguably, led to the massive break away gap the next day. A gap that to this day has not been closed.

>
>

To this day I still remember the skepticism on CS as the market was plowing higher in the AH on that day.

Actually the Aug - Oct down trend and the following sharp reversal looks remarkable similar to current conditions.

>
>

Except that YHOO is reporting near the highs of the sharp bounce this time instead of the lows.