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Replies to #28839 on Tasty Booshers

gym gravity

09/24/09 2:21 PM

#28841 RE: Estimated_Prophet #28839

naz zoomed past 2155 on the way up and down yesterday. interesting that it hit 2167. I am looking at the gap to 1800 now but I see too much support from trendlines or recent buying. 1870-1900 shows up on the weekly, 1970 if you look at a roughly parallel channel I have drawn below. 2070 if you like the rising trendline that pinches like a wedge.



Jamar_Grip

09/24/09 3:56 PM

#28842 RE: Estimated_Prophet #28839

Dude, I hears ya. With them goons out this thick right now. They got free money to do it with. As long as that is the gig...what can you do? Join em I guess, only my money aint free. It's like a bad carnival is in town and there is no other entertainment other than an old hooker with a woorms in her snatch, so you go to the carnival.

I sure do like the weekly chart of MEA. What you think about it?

carguy

09/24/09 5:25 PM

#28843 RE: Estimated_Prophet #28839

That intraday reversal was pretty convincing that direction and tone have changed from the last few weeks, imo. Also I don't see 3Q profits meeting expectations for many of the big players in coming weeks....time will tell...lol!

short here,
cg