Nice presentation, denmo ... very clear, easy to understand charting. Just bookmarked it. Thanks for sharing the link :-)
===================== Posted by: denmo83 In reply to: POKERSAM who wrote msg# 16825 Date:1/11/2006 10:02:33 PM Post #of 16884
POKERSAM...
My top 3 charts show why I remain bullish and feel this market has not topped. When the top 3 charts turn negative, each will pull me out, 1/3 at a time.
denmo -- There is nothing bearish about charts 2 and 3. The thing about 1 that would bother me is that it is toppy. Could it become more toppy? Yes it could. So based on those three charts alone without the benefit of looking at anything else I would be bullish.
A couple of weekends ago I posted 21 charts that pretty much said why I am bearish.
I looked through the rest of your charts and, as I am sure you know, there is HUGE bearish divergence on many of them. Here is a chart that I think would cause anyone to stop and give it a look.