tag:blogger.com,1999:blog-5888907630242568925.post3825493248517198981..comments2023-06-05T04:15:43.212-04:00Comments on Money Money Money: The day GM went bankruptchaugnerhttp://www.blogger.com/profile/16378543210029732358noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5888907630242568925.post-7065387627651200482009-06-01T09:57:24.171-04:002009-06-01T09:57:24.171-04:00also the 938 here should contain the bulls for ano...also the 938 here should contain the bulls for another hour at least. But what do I know =)<br /><br />Looks like the most likely scenario I had posted is winning. At this point we can assume that 945 and even 956 are in play.<br /><br />FYI, volume is still lacking here for such an important move. I know it sounds like an excuse here over and over again but volume NEEDS to step in here. So far its not giving us confirmations needed. This important range can only succeed with volume.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-38717646626214451652009-06-01T09:54:51.402-04:002009-06-01T09:54:51.402-04:00I am talking from an institutional perspective a l...I am talking from an institutional perspective a long bull =) Many are making position decisions based on 200dma for 18+ months outlooks.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-46158937722819266182009-06-01T09:53:49.857-04:002009-06-01T09:53:49.857-04:00Chris,
"If you are a long player, this is a textb...Chris,<br /><br />"If you are a long player, this is a textbook setup for entry."<br /><br />Do you mean if you're a "long bear" or "long bull"?dingdongnoreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-44504483426665229432009-06-01T09:39:33.108-04:002009-06-01T09:39:33.108-04:00This following is neither bearish or bullish ... j...This following is neither bearish or bullish ... just really odd:<br /><br />1) Positive tick<br />2) low volume<br />3) prices dropping<br />4) XLF going down fairly strong<br /><br />Not sure what to make of it ...chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-65492936160573306182009-06-01T08:57:13.112-04:002009-06-01T08:57:13.112-04:00come join the party you and sama m have missed out...come join the party you and sama m have missed out on due to being too stubborn.samalamadingdongnoreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-64406703636308333422009-06-01T08:52:34.062-04:002009-06-01T08:52:34.062-04:00we will have to see. That oreo comment above made ...we will have to see. That oreo comment above made me go to the vending machine to get some. Too bad I don;t have any milk =)<br /><br />And yeah, contrary to my views and beliefs we are seeing a breach into a new range. If this new range holds I think we will get a bit higher then 970. We have seen quite a short squeeze on Friday and we should continue seeing major covering today if we get any type of retracement. Question is whether institutional accumulation will step in here or not.<br /><br />If you are a long player, this is a textbook setup for entry.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-58617799290254118112009-06-01T08:46:24.722-04:002009-06-01T08:46:24.722-04:00chaugsy 970 is officially in play. throw in the t...chaugsy 970 is officially in play. throw in the towel my friend. it's over johnny...its over.samalamadingdongnoreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-2684568108585878102009-06-01T08:30:35.381-04:002009-06-01T08:30:35.381-04:00I liek Oreos.I liek Oreos.Anonymousnoreply@blogger.com