Tue 4/7/2020 22:38 ET
DJIA22653.8627.180.12%TELCO166.852.051.23%GOLD1684.500.840.05%Shanghai2812.088.720.31%
S&P 5002659.414.260.16%BANKS308.645.711.85%OIL24.921.295.18%BITCOIN7153.7720.750.29%
NASDAQ7887.2626.030.33%PHARM568.208.641.52%US/EU1.090.000.00%Futures2646.624.500.17%
Welcome Stranger!  Please sign up or log in to enable additional features.Sign Up | Mail | Log In
Forum - Wall Street Pit    Stock Due Diligence for All

Return Top | Return List | Reply Thread | Search
From: supadupa (Rep: 70)Date: 2015-09-28 19:44:43
Forum: Wall Street Pit - Thread #673782438Msg #2571996 - Part 1/23 (Rec: 0)
Gonna post this chart for the bears for the 1000th time.

Are we bearish? Yes. Are we in a bear market? Don't be so sure about that.

But aren't all the fundamentals pointing to a bear market? Maybe, but if you've traded the market since the crash you'd know that we've rallied for nearly 10 years on horrid fundamentals (even worse than now).

There is a line in a sand that needs to be crossed to declare this a Bear Market. Until it's crossed we are in a bearish correction/pullback....nothing more. That line (for the 1000th time) is the 200 day ma support. Until ALL major support levels are lost...we have not entered a bear market. In fact, this market has been having trouble even losing 16K. Sorry bears.



Yup...

Message: Endorse | Reply | Privately | Bookmark | Report Abuse User supadupa: Reward | Watch | Ignore

From: spuds (Rep: 350) reply to supadupaDate: 2015-09-28 20:42:49
Forum: Wall Street Pit - Thread #673782438Msg #2571997 - Part 2/23 (Rec: 0)
Re: Gonna post this chart for the bears for the 1000th time......correct me if I am wrong but does not your chart show the 50 week moving average and the 200 week moving average and not the 50 dma and the 200 dma moving averages.......probably a moot point but if you are intending to trade off of the 200 dma then the 50 week moving average that you show would be a closer approximation to the 200 dma

spuds


Reply to supadupa - Msg #2571996 - 09/28/2015 19:44
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User spuds: Reward | Watch | Ignore

From: supadupa (Rep: 70) reply to spudsDate: 2015-09-28 21:00:37
Forum: Wall Street Pit - Thread #673782438Msg #2571999 - Part 3/23 (Rec: 0)
Given that it is a weekly chart...those are in fact weekly moving averages. But that's irrelevant imo...its the support levels that matter. which you can read clearly on the charts. And given the fact that the market has not lost the 200 ma EVEN ONCE (not including dips below) since the bull market started. It's technically not a bear market until it has imo.

This market has not had a decent correction in quite some time so many traders have forgotten what a proper pullback looks like. That doesn't mean we've entered a bear market.

Yup...



Reply to spuds - Msg #2571997 - 09/28/2015 20:42
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User supadupa: Reward | Watch | Ignore

From: TheNextGoogle (Rep: 528) reply to supadupaDate: 2015-09-28 21:26:33
Forum: Wall Street Pit - Thread #673782438Msg #2572001 - Part 4/23 (Rec: 0)
Re: proper pullback - I like that term!!! - As opposed to a "AFU Pull Back" - (All Fu__ed Up)

                                                                                   

♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘

End of Message - My Sig:

Made New Forum - "Computer Tech And "Fix-It Stuff" Forum"

 http://www.thelion.com/bin/forum.cgi?tf=computer_tech_and__fix_it_stuf&t=

Inventor Has Working Prototype of New Single Wheel Bicycle Trailer Invention - Prototype Works Great, NO Glitches, Nearly Market Ready - Sways with bike around turns - Fast - Ride minimally affected - Connects / Disconnects via single pin.  Solves the problem of being easily able to carry things via bicycle. Seeking Investors / Business Partners to Bring To Market.



Reply to supadupa - Msg #2571999 - 09/28/2015 21:00
NOTE: This message has been revised 2 times. Read original version of this message.
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User TheNextGoogle: Reward | Watch | Ignore

From: supadupa (Rep: 70) reply to supadupaDate: 2015-09-28 22:03:40
Forum: Wall Street Pit - Thread #673782438Msg #2572006 - Part 5/23 (Rec: 0)
All this being said....I could care less either way....

My strategy in these market conditions is to daytrade/very short term trade mainly commodities & leveraged etfs. I stay away from small caps unless I see a very clear opportunity.

I rarely swing trade until support/resistance levels are hit for buy & sell triggers. And I cut losses very quickly if those levels are lost.

GLTA

Yup...



Reply to supadupa - Msg #2571996 - 09/28/2015 19:44
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User supadupa: Reward | Watch | Ignore

From: TheNextGoogle (Rep: 528) reply to TheNextGoogleDate: 2015-09-29 00:54:04
Forum: Wall Street Pit - Thread #673782438Msg #2572012 - Part 6/23 (Rec: 0)
Wow! All all the foreign markets looking really "proper" now - some down three and a half percent

but the futures are up a little bit .2%

Re: proper pullback - I like that term!!! - As opposed to a "AFU Pull Back" -...

                                                                                   

♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘

End of Message - My Sig:

Made New Forum - "Computer Tech And "Fix-It Stuff" Forum"

 http://www.thelion.com/bin/forum.cgi?tf=computer_tech_and__fix_it_stuf&t=

Inventor Has Working Prototype of New Single Wheel Bicycle Trailer Invention - Prototype Works Great, NO Glitches, Nearly Market Ready - Sways with bike around turns - Fast - Ride minimally affected - Connects / Disconnects via single pin.  Solves the problem of being easily able to carry things via bicycle. Seeking Investors / Business Partners to Bring To Market.



Reply to TheNextGoogle - Msg #2572001 - 09/28/2015 21:26
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User TheNextGoogle: Reward | Watch | Ignore

From: TheNextGoogle (Rep: 528) reply to TheNextGoogleDate: 2015-12-11 15:35:55
Forum: Wall Street Pit - Thread #673782438 - List SPY msgsMsg #2586337 - Part 7/23 (Rec: 1)
Re: proper pullback - I like that term!!! - As opposed to a "AFU Pull Back" -...

                                                                                   

♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘

End of Message - My Sig:

Made New Forum - "Computer Tech And "Fix-It Stuff" Forum"

 http://www.thelion.com/bin/forum.cgi?tf=computer_tech_and__fix_it_stuf&t=

Inventor Has Working Prototype of New Single Wheel Bicycle Trailer Invention - Prototype Works Great, NO Glitches, Nearly Market Ready - Sways with bike around turns - Fast - Ride minimally affected - Connects / Disconnects via single pin.  Solves the problem of being easily able to carry things via bicycle. Seeking Investors / Business Partners to Bring To Market.



Reply to TheNextGoogle - Msg #2572001 - 09/28/2015 21:26
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User TheNextGoogle: Reward | Watch | Ignore

From: TheNextGoogle (Rep: 528) reply to TheNextGoogleDate: 2016-01-25 15:51:17
Forum: Wall Street Pit - Thread #673782438Msg #2593968 - Part 8/23 (Rec: 0)
IMO what we're seeing - (last wk) w/ Oil and SPY is a Dead Cat Bounce on a "Proper Pullback"

Has a ways to go -
- Big DoDo Bird Runup over what?


Re: proper pullback - I like that term!!! - As opposed to a "AFU Pull Back" -...

                                                                                   

♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘

End of Message - My Sig:

Made New Forum - "Computer Tech And "Fix-It Stuff" Forum"

 http://www.thelion.com/bin/forum.cgi?tf=computer_tech_and__fix_it_stuf&t=

Inventor Has Working Prototype of New Single Wheel Bicycle Trailer Invention - Prototype Works Great, NO Glitches, Nearly Market Ready - Sways with bike around turns - Fast - Ride minimally affected - Connects / Disconnects via single pin.  Solves the problem of being easily able to carry things via bicycle. Seeking Investors / Business Partners to Bring To Market.



Reply to TheNextGoogle - Msg #2572001 - 09/28/2015 21:26
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User TheNextGoogle: Reward | Watch | Ignore

From: TheNextGoogle (Rep: 528) reply to TheNextGoogleDate: 2016-01-25 21:16:33
Forum: Wall Street Pit - Thread #673782438Msg #2594019 - Part 9/23 (Rec: 1)
Foreign Mkts Pretty Red

                                                                                   

♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘ ♘

End of Message - My Sig:

Made New Forum - "Computer Tech And "Fix-It Stuff" Forum"

 http://www.thelion.com/bin/forum.cgi?tf=computer_tech_and__fix_it_stuf&t=

Inventor Has Working Prototype of New Single Wheel Bicycle Trailer Invention - Prototype Works Great, NO Glitches, Nearly Market Ready - Sways with bike around turns - Fast - Ride minimally affected - Connects / Disconnects via single pin.  Solves the problem of being easily able to carry things via bicycle. Seeking Investors / Business Partners to Bring To Market.



Reply to TheNextGoogle - Msg #2593968 - 01/25/2016 15:51
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User TheNextGoogle: Reward | Watch | Ignore

From: ChineseChicken (Rep: 90) reply to TheNextGoogleDate: 2016-01-25 21:23:33
Forum: Wall Street Pit - Thread #673782438Msg #2594020 - Part 10/23 (Rec: 0)
Proper pullback...lmao...you won't let that one go Re: Foreign Mkts Pretty Red

Reply to TheNextGoogle - Msg #2594019 - 01/25/2016 21:16
Message: Endorse | Reply | Privately | Bookmark | Report Abuse User ChineseChicken: Reward | Watch | Ignore


TheLion.com | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999- TheLion.com, Inc.