MM

P's Bull-Bear Tasks

Friday, February 27, 2009


Med stocks have been dropping off and we have a few new ones.
Posted by at No comments:

Thursday, February 26, 2009

Update


Posted by at No comments:

Wednesday, February 25, 2009

DOW


I think we might need to get back down to this level...


Posted by at No comments:

Sunday, February 22, 2009

Market pulse

http://www.chartwatchers.com/profiles/blogs/market-overview
Posted by at No comments:
Subscribe to: Posts (Atom)

Oil

Currently oil has been running in a range for some time now. I see a bow tie trying to forum off the daily. I would not get too excited about it until it breaks the range highs and has a nice orderly pull back. Anyway oil might be worth keeping an eye on…

XAU

XAU

Market Pulse 03/06/09

XAU daily suggests a stiff pullback, now what I don’t like about the current bullish action is the drifting in price action. Short term bias is short under March 6 low.


030209

I see a sell signal in the S&P500 as price has violated old lows. Here is a 2 day chart with stocks above or below their 40 pma (Green line). Price is the yellow line and the RS of the 40pma (Red). What I’m looking is the hard right edge. Notice the cross down, this suggests more downward pressure.