Woo: 2:34pm
1 month spx -
that EW count could be wrong. so far it’s doing okay. watch that 1104 area.
Idan 2:22pm
This is how i see the SPY daily. We broke down of an ascending megaphone formation to the downside, and we then went ahead and retraced it… we can try and retrace it again at 112-112.20, but my guess is that we fail to break back up and we will get another downside wave similar to what we had before:
Does anyone know of a good technical/fundamental blog?
Nice start is http://thepatternsite.com/Blog.html#Sp10
tom bulkowski has done well for many of us with his insight and the
dozens of spin off blogs he runs/owns.
Like me, he retired at 30 to trade stocks professionally. Not as short sighted
in his stock picks as guys over here tend to be.
Bespoke is good to my standards. I also have a sub to investors business daily
which is for any seasoned investor.
http://www.bespokeinvest.com
http://www.ibd.com
Globeinvestor for the globe and mail, canada’s business digest of record
is pretty cool too. As is http://www.stockhouse.com and http://www.bnn.ca
Good luck man, remember, the only stupid question is the one you failed to
ask. You seem to have a good and inquisitive nature, you’ll do well.
Learn to ignore or avoid blowhards and liars. They seek to draw you into their
den of misery thru deception and overstatement.
big boys blog is the best
one great call I had last week was about BIDU, I said BIDU will make a new high and sure enough big boys did what they toll me they are going to do. Lets see what big boys will do next week, hope to see a fake gap up follow with a sell off, that is an action I love beacuse it means the sell off will continue for a couple days.