Thursday, June 11, 2009

Head & Shoulders

"very short term head&shoulders patterns in broad market--no position $$" Alphatrends

4 comments:

SB said...

S&P High: 956.23 which is 5 over the 951, Market will make a decision, watch out either way.

During these times traders like to find stocks ready to run and scalp them. It's a Traders market.

H1N1 Risk of Death
0.000072% http:www.who.int/csr/don/2009_06_10a/en/index.html Need to read the book Risk.

Anonymous said...

Hey Sorry I tried to login at your blog spot and didn't have access so I went to school and a friend in class told me it was easy to start one and showed me So I started working on it. Then when i signed into my Email I saw your email for the invite but since I started posting on the new one I just thought I would try mine out. I am sorry If I caused any inconvenience.


This is the reply for your post earlier No I dont believe ganns call of the top being in The market is still relatively bullish I need to see a break of the 900 area to start my bearish side back up again If you noticed we almost hit R1 within a half point variance. I am currently bullish with a small portion of my portfolio and mostly in cash.

Thanks Bhrigu

SB said...

Bhrigu S.

You hit these on the nail! What did you think of the close?

"Equilibrium 942-944 (where the market would like to stay)

S1 931-934"
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PS: I think it's great that you started your own blog.

SB said...

Market almost ready to give up