StockFetcher Forums · General Discussion · Is this a Dead Cat Bounce?<< 1 2 3 4 5 ... 10 >>Post Follow-up
Niagara
49 posts
msg #50784
Ignore Niagara
4/1/2007 11:25:28 PM

Genius,
Thanks for your input. We have been waiting for your return, and your wisdom. Is there any thought as to where the market is going and how long it will take to get there. It is too bad that you can not post charts on Stockfetcher forum, it would be interesting to get your take on some of them. They can be confusing, long term, short term, they all have their advantages and disadvantages.

WALLSTREETGENIUS
983 posts
msg #50820
Ignore WALLSTREETGENIUS
4/2/2007 8:46:42 PM

Genius,
Thanks for your input. We have been waiting for your return, and your wisdom. Is there any thought as to where the market is going and how long it will take to get there. It is too bad that you can not post charts on Stockfetcher forum, it would be interesting to get your take on some of them. They can be confusing, long term, short term, they all have their advantages and disadvantages.
_______________________

Niagara -

If you look, there's really nothing news worthy to make us think the market is going to bounce for the good side. That in itself is bad...but to make things worse, the S&p 500 chart is setting itself up for a "double top" at $1,400. Look at your stochastics(5,3)on the last run up. Now look at it now. See how far it has to go to meet the last run up? It's never gonna happen! We might meet the previous $1,400, but your Oscillators will start showing "negative divergence!" Now when it comes to "double tops"....IT'S A LONG WAYYYY DOWN!!! Take a hard look at your Linear Regression Indicator(20)....it's above the close right? That means were headed for a long fall! LRI(20) is "my" crystal ball! Wherever "it" goes..."I" go!

We could also be in the last stage of a "head n shoulders" pattern. And us being the right shoulder as we speak! Either way....we're going to fall again, but this time all the way down to around $1,370. I hope! Bottom line Niagara...the whip cream is gone from the top! We've been slowly eating it since last July. After this next decline, we'll make it back up, but it will be a SLOW climb. Personally I'm optimistic, because it's summer time while this is happening. Institutional traders will be taking their shirts off, and showing off their mussels for the last 8 months of drading, and when they flex...we get richer!


- WALLSTREETGENIUS -


lockwhiz
206 posts
msg #50826
Ignore lockwhiz
modified
4/3/2007 8:52:08 AM

Time to sit down with a good chart and read ...



as214
184 posts
msg #50828
Ignore as214
4/3/2007 9:02:26 AM

"Stop trying to predict the direction of the stock market, the economy, interest rates, or elections. This single reason is the greatest divider of an investor and his capital."


-Warren Edward Buffett.



This isnt rocket science folks. In 2000 when the market supposedly fell tobacco stocks saw triple digit appreciation in just over a year.. WHy? Just look at the cumulative PE of the tobacco industry combined with is cumulative under 1 price to sales multiple.



nikoschopen
2,824 posts
msg #50845
Ignore nikoschopen
4/3/2007 4:51:46 PM

Today's rally seems more like the cat is trying to claw itself out of the grave rather than a mere bounce. One more of these nasty bounces, I might just have to reconsider lol.

WALLSTREETGENIUS
983 posts
msg #50847
Ignore WALLSTREETGENIUS
modified
4/3/2007 7:05:38 PM

Well, just as I predicted....you now have your "Cat ears" for your "double top!" Now look at your Oscillators...not too good huh? Gee, I wonder why $price$ never exceeded that resistance level of $1,400 in the S&P??? Take a look at the S&P 500'S 10-day hourly chart....quess what's next....YEP! This big gain today was nothing more than "sucker paper!" Remember that term "Niko?"...well, you should...you made it famous! LOL....like I said guys and gals...start singing the death march!

Nice kitty.....


PROFESSOR RIGGS 8^)

nikoschopen
2,824 posts
msg #50849
Ignore nikoschopen
4/3/2007 7:40:52 PM

Riggs, quit being so macho with big words and come and day trade with me. Maybe you and I can really flex our muscles then. Seriously, I ain't joking.

WALLSTREETGENIUS
983 posts
msg #50858
Ignore WALLSTREETGENIUS
4/4/2007 12:04:16 PM

"Riggs, quit being so macho with big words and come and day trade with me. Maybe you and I can really flex our muscles then. Seriously, I ain't joking."
________________________________

Oh Niko....you and I have already gone down this road before, remember?.....besides...after your RMBS debacle, you don't seem to very qualified. Tell ya what though...join me over at VSE, so EVERYONE can see the area you need help in. This way, I can come back here and tell you where you went wrong. Dude, you have to make sure you never allow a situation like RMBS to never happen again! Niko, when I'm done with you...you'll be able to trade yourself out of that wet paper bag you're currently in! lol....

"flex our mussels?" Is that like Superman and that TV show kid "Erkel" from the 90's? Yea?...then that's funny! FOFLMAO!!!!


- WALLSTREETGENIUS -


nikoschopen
2,824 posts
msg #50860
Ignore nikoschopen
4/4/2007 1:48:53 PM

Hey Rag,

You keep bringing up RMBS, but those who read my post from the beginning would tell you that my original prediction was correct. It went up to where I said it would and then reversed.

Plus, let's not forget that I had my share of bashing on your account. I would do some more, if you weren't so miserable already. Frankly, you bore me stiff. And, from what I gather from others' post, everyone else seems to share that view.

nikoschopen
2,824 posts
msg #50861
Ignore nikoschopen
4/4/2007 2:39:50 PM

Oh, yeah, I forgot to add ROFLMAO (do I need the exclamation marks as well??)

That's hell funny, really.

P.S. Let me know when you want me to define what I mean by "miserable".

StockFetcher Forums · General Discussion · Is this a Dead Cat Bounce?<< 1 2 3 4 5 ... 10 >>Post Follow-up

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