nnuut's Account Talk

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I jump into the Market and a SKUNK jumps out of the bushes and sprays the hell out of me! Next week will probably be down, What happened to that 20/50 MA necktie!:confused:
 
nnuut said:
I jump into the Market and a SKUNK jumps out of the bushes and sprays the hell out of me! Next week will probably be down, What happened to that 20/50 MA necktie!:confused:
Click to expand...
Hey Nnuut,
I think maybe missed the necktie (crossover) by a day or 2? - see chart...
View attachment 3708
Also I know you realize, a "confirmation" day is still needed (basically a day holding below the 50dma), so, there's still maybe a chance, especially with opex.

One more point, check this link - this guy changed his tune,TA picture, 180 degrees today -just to note/consider... http://caldaroew.spaces.live.com/
Hope you do OK, and whatever, don't let the opex whipsaw get the best of you!:o
whip-whipslap.gif
 
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Hessian,
It all depends on how you look at it! You mixed EMA and SMA, try this. Tough day, surprise, surprise!!:D
View attachment 3709
Thought I would hang in there to avoid the Old Whipsaw, that wasn't such a good idea. Monday probably will be a down day then PPI, CPI EARNINGS! Life goes on!!
View attachment 3710
 
Nnuut and Hessian,

I loved your last posts. They clarified my misconceptions regarding the use of mixed EMA and SMA settings. Thanks!
 
airlift said:
Nnuut and Hessian,
I loved your last posts. They clarified my misconceptions regarding the use of mixed EMA and SMA settings. Thanks!
Click to expand...
Appreciate clarification also. I was watching that same crossover, I just went a day earlier (odd, but seemed to work). Much Thanks, & best of luck, both.
VR ;)
Just FYI, Uptrend's AcctTalk post today, I must say, is intriguing to me though.
 
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Uptrend's charts are very useful and specific, but he also seems to be aware that he believes the market could breakout or breakdown at this point. He believes there might be a short covering rally. It might well occur, but personally I have chosen to stay in G or F as a conservative measure (capital preservation). Especially in light of the fact that we are in a bear market with economic numbers pointing either to a recession or confirming one. Best wishes! :)

hessian said:
Appreciate clarification also. I was watching that same crossover, I just went a day earlier (odd, but seemed to work). Much Thanks, & best of luck, both.
VR ;)
Just FYI, Uptrend's AcctTalk post today, I must say, is intriguing to me though.
Click to expand...
 
Nope, still in, let's hope the CPI is nice tomorrow. The Market cast off the PPI numbers today and may be smart enough to do the same thing tomorrow, especially with INTEL'S good numbers after hours. Hang in there for the bounce!View attachment 3729
 
NICE BOUNCE today, now if it will hold and continue up or sideways tomorrow? You know what they say about a Bear Market, sell the Bounce / Buy the Low!!
Shall I jump to the Pad today and lock in this gain or let GREED keep me in hoping for more gains?:confused:View attachment 3734
 
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