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in spite of what most want to perceive


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#1 da_cheif

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Posted 29 July 2009 - 02:48 PM

todays action looks very bullish..........the sideways correction of the last few days has done much to relieve the over bot condition on the dows 12 hr rsi....... ;)

#2 trioderob

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Posted 29 July 2009 - 02:55 PM

todays action looks very bullish..........the sideways correction of the last few days has done much to relieve the over bot condition on the dows 12 hr rsi....... ;)



also on the fundimental side of things - that bad durable orders report today
was a little decieving - it only looked bad because of transports and that only
because Boeing is having a nightmare with production of the 787.

the rest of the report was strong.

#3 mss

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Posted 29 July 2009 - 04:07 PM

todays action looks very bullish..........the sideways correction of the last few days has done much to relieve the over bot condition on the dows 12 hr rsi....... ;)



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A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#4 rotrot

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Posted 29 July 2009 - 06:29 PM

don't agree with the bullish interpretation of today's action... NDX_07292009.png SPX_07292009.png

#5 thespookyone

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Posted 29 July 2009 - 06:44 PM

Clearly in a wave 4, yes the 5 up is bullish(but small ;) )

#6 Tor

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Posted 30 July 2009 - 02:47 AM

todays action looks very bullish..........the sideways correction of the last few days has done much to relieve the over bot condition on the dows 12 hr rsi....... ;)


also the bond market failed so money will go into stocks, follow the monay...

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#7 skott

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Posted 30 July 2009 - 09:47 AM

nice call cheif. I meant to say I agreed last nite but your topic was a moving target.

#8 da_cheif

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Posted 30 July 2009 - 09:57 AM

nice call cheif. I meant to say I agreed last nite but your topic was a moving target.



"moving target"......ill say....its the story of my life..... :lol: .....moving up that is..... :P

Edited by da_cheif, 30 July 2009 - 09:57 AM.