nnuut's Account Talk

[nnuut]

Inside days everywhere in the indexes. Watch tomorrow for direction.:worried:

Investopedia explains Inside Day
An inside day is often used to signal indecision because neither the bulls nor the bears are able to send the price beyond the range of the previous day. If an inside day is found at the end of a prolonged downtrend and is located near a level of support, it can be used to signal a bullish shift in trend. Conversely, an inside day found near the end of a prolonged uptrend may suggest that the rally is getting exhausted and is likely to reverse.

http://www.investopedia.com/terms/i/inside_day.asp

 

[nnuut]

Inside days everywhere in the indexes. Watch tomorrow for direction.:worried:

Investopedia explains Inside Day
An inside day is often used to signal indecision because neither the bulls nor the bears are able to send the price beyond the range of the previous day. If an inside day is found at the end of a prolonged downtrend and is located near a level of support, it can be used to signal a bullish shift in trend. Conversely, an inside day found near the end of a prolonged uptrend may suggest that the rally is getting exhausted and is likely to reverse.

http://www.investopedia.com/terms/i/inside_day.asp

It appears that the direction is DOWN, that should hold for a while considering most of the indexes could be displaying a Bear Flag. You never know though the Market is INSANE [nnuuts]! View attachment 9249

 

[nnuut]

Really tempting to play a BOUNCE today on this big drop, but if it doesn't bounce and this is a turn around it could be really costly. I'll stay where I am 70% "G", 30% "F"
View attachment 9256

 

[Birchtree]

A couple more days like this and the S funders will be decimated. Buy during a panic, don't sell.

 

[nnuut]

A couple more days like this and the S funders will be decimated. Buy during a panic, don't sell.

That's true if you're in, I'm NOT!! I've been here before and if it continues down it eats your balance like a hungry Polar Bear, did I say Bear?

 

[Blindman]

One good thing about the market, At least its taking a little off that Black Gold Price!! Them high prices affect my Camping and how far the family and I can travel from the house.......I don't like paying that $100 fill up...:toung:

Blindman

 

[nnuut]

One good thing about the market, At least its taking a little off that Black Gold Price!! Them high prices affect my Camping and how far the family and I can travel from the house.......I don't like paying that $100 fill up...:toung:

Blindman

Yep, Dollar rising on European weakness means cheaper Gas, Cheaper Gas is where we need to be if want to recover from this NASTY DEBACLE! We need more OIL and the GREEN STUFF too.

 

[nnuut]

A graphic example of why I didn't play the Bounce, look familiar?
Pluck Pluck!!
View attachment 9263

 

[nnuut]

I can't watch!!!:blink:

 

[nnuut]

Still awful SLIPPERY out there, I'm sticking with 70% "G", 30% "F"!:worried:
http://www.youtube.com/watch?v=zFmkM6YXOqo&feature=related

 

[nnuut]

GOLD UP, DOLLAR UP?????? Very interesting.
Gold1184.60+9.90 +0.84%
US Dollar84.384+0.305 +0.39%

 

[nnuut]

GOLD UP, DOLLAR UP?????? Very interesting.
Gold1184.60+9.90 +0.84%
US Dollar84.384+0.305 +0.39% View attachment 9295

Looks as if the Mighty Dollar may be retaking it's rightful place as the World Reserve Currency!!!!!! Which will drive down prices especially Oil/Gas etc. and stimulate the recovery!!

 

[Silverbird]

The only problem with that is the flip side - what we make here gets more expensive again.

 

[nnuut]

The only problem with that is the flip side - what we make here gets more expensive again.

I'll take that trade off any day, what do we make here anyway?:laugh:

 

[nnuut]

Where is the Bottom, where is the bottom, where is the bottom?

 

[Silverbird]

I'll take that trade off any day, what do we make here anyway?:laugh:

We do make a lot of things here, but we are out of the consumer goods markets (at least most of them) and if what we make is too expensive, how do we get those jobs to go up (financial services ain't it no more)?

 

[nnuut]

So you are thinking that a STRONG DOLLAR is a bad idea? NO NO that's the way to go. I'll look it up or something, I just can't remember everything, when you get older your hard drive gets full and to learn something new you have to forget something!

 

[nnuut]

I thought this might be the BIG ONE, looks like it is!!!

 

[nnuut]

I thought this might be the VERY BIG ONE, looks like it is!!:worried:

 

[nnuut]

I thought this might be the GREAT BIG ONE, looks like it is!!:worried: CROOKS at work!!