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General market Technical Analysis discussion
posted by ZA on 1 months ago
562196 views

Ryan
Thanks for your reply

What a gig. Just saw a commercial for a special hosted by Tom Brokaw; something about the
folk he meets heading west on Hwy. 50........on his Harley! LOL I want *that* job. Man.
I love riding; can fall asleep on the back of a bike in 2min flat *lol* The best feeling
of freedom there is.

Puttin in a movie. ttyl-

Last edited on: 11-21-2009 11:56 pm

I should rephrase. $DJT shows no sign of breaking down. Yes, possible triple top but
that would imply that it *will* break down and we have no evidence of that. It could be
consolidating b4 breaking higher. It's retraced approx 55% of the '07 high and is hanging
in there strong ;)

Broke
Duly noted *lol*

Last edited on: 11-21-2009 11:29 pm

“The funny thing is...........a year from now they'll all be saying *I predicted the
correction!!!* LOL”

“posted by bornbroke on 3 days ago
the 323892th topping pattern...”

well, at least I covered my ass!

GT
Its probably just me but Peter Schiff increasingly sounds like Dobbs, doesn't he? On BDI,
yes, it and BCI have been doing well while the others have lagged. I haven't checked the
individual tickers but I know DRYS is in a huge flag or triangle.

$DJT looks like a possible triple top but only time will tell.

Was looking at the auto rentals. If I were an investor lightening up on riskier positions
[a la small caps and finnies] I'd lighten up on them here too. Everyone and their brother
bought a cash-4-klunker so I think their near term earnings will be praying to the
porcelain God. [FD I intend on shorting R but I may be biased on this trade for personal
reasons]

Note: Threw Ford in the mix b/c it had hit its target off the breakout.

Last edited on: 11-21-2009 10:26 pm

Kos, Actually, kudos to Chrissie (I really thought that it was going to be a complete
waste of our time). So you might want to at least check out each vaccine situation (in
case most people think like me!).

More on Gold argument:

http://bit.ly/7msoTU

Any thoughts on BDI?

Kos,

In the Phoenix area all that matters is snow pack in the mountains. It was good this year,
and it doesn't rain much in Phoenix anyway. I've been here for six years and have not seen
water rationing.....yet. California was a much different story.

Last edited on: 11-21-2009 09:31 pm

Donald
kudos on the H1N1 shots. We were supposed to go a week or two ago [school was dispensing
free to students] but o/c Billy had another one of his fevers and we took a pass. Not
risk a bad side effect if he was already sick :( Bummer. Hoping they'll offer a 2nd
chance. I've tried 3x to get shots at his Dr. or the local WAG or CVS but they're always
out.

GT
Seems like we get water rationing every other year here. Only sprinkling at night on
odd/even nights and no car washes. Zip. Must be worse out in your area though with such
high temps. Ouch

Last edited on: 11-21-2009 09:00 pm

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