MARY4MONEY
806 posts
msg #57058
- Ignore MARY4MONEY |
11/27/2007 4:06:31 PM
they all hit below their weekly rsi(2) belwo 5% in the last 2 days- from the 8-16 bottom these stock went an average of 155%
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karennma
8,057 posts
msg #57076
- Ignore karennma |
11/28/2007 10:23:02 AM
You ARE amazing!
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MARY4MONEY
806 posts
msg #57080
- Ignore MARY4MONEY |
11/28/2007 11:59:10 AM
ach 50-55 drys-73-84 rio-30-333.50 dsx-27-32 ach 50-55.45 exm 37-49 in 2 days- i have totally outlined how i pick the big winners on here but most of ewe are clueless
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nikoschopen
2,824 posts
msg #57081
- Ignore nikoschopen
modified |
11/28/2007 12:22:58 PM
Well, Mr. Hotshot, I hope you don't make the same awe-inspiring blunder you did back in July calling the bottom since the day 1 of the market meltdown.
I say this rally will be very brief in duration, possibly no longer than 3-5 days in length. This would mean that the market should resume its downward path by sometime next week.
Good luck!
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MARY4MONEY
806 posts
msg #57082
- Ignore MARY4MONEY |
11/28/2007 12:31:19 PM
it will go up until end of year
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moqual
38 posts
msg #57104
- Ignore moqual
modified |
11/28/2007 3:18:22 PM
This is worth a look.
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betyerbottomdollar
169 posts
msg #57145
- Ignore betyerbottomdollar |
11/28/2007 11:12:10 PM
Now hang on M4M... did you just say, no, declare that it will go up until the end of the year?
THAT is a big statement. Even though there are only about 20 days left of trading, if you are wrong people are going to remember it. Likewise, if you called it right, I suppose you reserve the right to be called the Babe Ruth of SF.
Just don't forget what you said...we will be here to remind you Jan 1 my friend.
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moqual
38 posts
msg #57147
- Ignore moqual
modified |
11/28/2007 11:27:18 PM
As I wrote in the 1,2,3 thread:
I believe that after today's huge 300+ point rally, the DJIA is tracing out the 4th wave of a 5 wave decline that began at the October 11th high.
Since last week's high of 13211 was exceeded with today's rally, again, I believe we are tracing out wave 4. If we rally above 13407, that would suggest that the DJIA completed a 5 wave c category diagonal triangle last Wednesday indicating a low is already in place, but this means previous support would have to be broken in the short term. I still think we will top out shortly and then head below the August low in December in a 5th wave decline
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karennma
8,057 posts
msg #57160
- Ignore karennma |
11/29/2007 10:09:59 AM
Moqual:
$SPX to 1360 should do the trick.
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maxreturn
745 posts
msg #57180
- Ignore maxreturn |
11/29/2007 3:25:53 PM
Niko is right...if you take the time to go through Mary's posts during the July and October declines he was calling bottoms every time RSI2 bottomed and Vix spiked. This works fine in an uptrending market but when price bumps up against strong resistance, indicators start rolling over and then price declines, the corrections usually last several weeks. Some of the tools that Mary uses are sound but if you aren't reasonably adept at discerning trends and picking key support and resistance levels and you simply use these tools indiscriminately you will get killed.
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