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ahimsak

04/25/13 5:57 PM

#7923 RE: YellowBull #7921

Yes, am happy to be short, only think better I was more heavily short. Will short more tomorrow.Amzn was up, and now down afterhours, like the market tomorrow?

Not a good day to sleep in until 12:30, but it was worth it. Love is even more illogical in the short run than the stock market, but like markets, eventually fundamentals win out.

Wish my luck with my love life, have started a new upmove for now.
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jonnytrade

04/25/13 8:41 PM

#7925 RE: YellowBull #7921

Just got back from a trip after selling my shorts last week went back in today myself.
I think its over for the bulls for now patience is in order .
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Wishthiswasmyjob

04/26/13 7:13 AM

#7928 RE: YellowBull #7921

Many charts out there show we may be looking at the beginning of a downward channel here - with us right now at the top of that channel...

We'll see how it pans out and where we'll be in 2 hours - after the "recalculated" GDP stats come out - it makes me immediately skeptical that a week ago the gov't will use a different methodology - it sounds like the modified methodology we now use to see unemployment and CPI. Math is or should be an unemotional constant and so how can you trust anyone who continually changes the rules...

3.7 + 3.9 - 1.3 = 6.4 historical...
For convenience it changed...
4 + 4 - 1 = 7
and now, since the -1 is "not pertinent" we'll just exclude that...
4 + 4 = 8
See how we're growing !! Everything is right on track and working well.

Anyway - back to charts - downward channels - along with LPX, I found a couple of others in the construction / homebuilding arena... USG and CX

Find the weak of the herd.