Bez said:Even if people don't like EW...I still recommend people take the time to lean how to spot Ending Diagonal patterns they are so common in intra day markets...
The pattern has many names such as three drives ect but there all the same..The key is spotting a 3 wave decline in the first wave (drive) down..
jerryo1314 said:With Vix building bullish support under the mkt and a fibonacci 144 hit on Feb 9th error +3 days.
(144 td from July 14th Dow low close)
We can only go UP!
Jerry
kriesau you are a monumental bear.where does you research point you in this weak selloff,wheres the followthrough,support?kriesau said:These guys are also quite perplexed about current market price action. They see the NDX as the current key for all 4 major indices, with a break through 1820 to spark a rally and a drop through 1800 to trigger a rollover and decline.
http://clicks.aweber.com/z/ct/?HtyvciOrIrPZPGWRjQokGA
programmers tell me vista is not much of an upgrade from present operating systemAtilla said:The Dow is set up for a fall IMO. The MACD deviation on the daily charts coupled with the price having crossed the 20d MA confirms the fall. We might see a small bounce from 12500 to 12550 perhaps but it will drop back down.
I'm surprised at markets reaction to Microsoft results. The fall in revenue was not as bad. Oh well let's ignore the fall in revenue altogether then (considering markets and economy showed strong growth last year).
XB from adeox sales lower, Vista sales kicking in late and Intel & AMD not doing too well either. This is a two way complimentary process. People upgrade hardware based on improved performance and new technology and so MS gets to sell it's licence. Also, people buy new hardware if there is new Software development like Microsofts Windows 98 or XP as in the past. However, when there are negligable improvements in tech developments no point in upgrading software or hardware.
My gut instinct based on what there is to offer will not lead to these industries increasing their sales or revenue by much at all.
ammo said:programmers tell me vista is not much of an upgrade from present operating system
Hook Shot said:I'm puzzled at what is keeping the market in check - spx making second inside day at moment - implying a monster move is due probably today...
Dax is going daft so the odds are the move will be up but ................
karmit said:Why do you think the DAX will go up?