Comments on: Look Out Below http://selfinvestors.com/tradingstocks/state-of-the-stock-market/look-out-below/ ETF, IPO & Breakout Stocks Analysis, Tracking & Research Sat, 06 Aug 2011 03:46:02 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Tate Dwinnell http://selfinvestors.com/tradingstocks/state-of-the-stock-market/look-out-below/comment-page-1/#comment-21 Tate Dwinnell Tue, 13 Sep 2005 17:56:02 +0000 http://www.selfinvestors.com/tradingstocks/?p=110#comment-21 <p>My apologies for approving these comments a few weeks late - I've been having problems with comments notifications. Anyway, I always appreciate others opinions. In hindsight you made the right call there - nice job! But there is no way I would have pulled the buy trigger at that point with the major indices breaking support. It was way too early for me.</p> <p>As far as the rounding dome (I have not heard of that formation), I would agree that its (the Dow) carved out a similar formation. However, I would have been much more bullish here had that rounding formation found support at the key level there with light selling volume.</p> <p>As it turned out, the market bounced back quickly, surprising many including myself. For me, the key turning point occurred on Aug 31st, when the major indices staged a high volume reversal (a day that also saw the Nasdaq get back above resistance of the 50 day moving average). That move was confirmed a few days later.</p> My apologies for approving these comments a few weeks late – I’ve been having problems with comments notifications. Anyway, I always appreciate others opinions. In hindsight you made the right call there – nice job! But there is no way I would have pulled the buy trigger at that point with the major indices breaking support. It was way too early for me.

As far as the rounding dome (I have not heard of that formation), I would agree that its (the Dow) carved out a similar formation. However, I would have been much more bullish here had that rounding formation found support at the key level there with light selling volume.

As it turned out, the market bounced back quickly, surprising many including myself. For me, the key turning point occurred on Aug 31st, when the major indices staged a high volume reversal (a day that also saw the Nasdaq get back above resistance of the 50 day moving average). That move was confirmed a few days later.

]]> By: Joe http://selfinvestors.com/tradingstocks/state-of-the-stock-market/look-out-below/comment-page-1/#comment-20 Joe Tue, 30 Aug 2005 03:51:53 +0000 http://www.selfinvestors.com/tradingstocks/?p=110#comment-20 <p>Big Rally ahead. Keep buying here</p> Big Rally ahead. Keep buying here

]]> By: Buy the Dips http://selfinvestors.com/tradingstocks/state-of-the-stock-market/look-out-below/comment-page-1/#comment-19 Buy the Dips Mon, 29 Aug 2005 15:01:09 +0000 http://www.selfinvestors.com/tradingstocks/?p=110#comment-19 <p>Stocks look great here for a buy</p> Stocks look great here for a buy

]]> By: Buy the Dips http://selfinvestors.com/tradingstocks/state-of-the-stock-market/look-out-below/comment-page-1/#comment-18 Buy the Dips Fri, 26 Aug 2005 19:19:06 +0000 http://www.selfinvestors.com/tradingstocks/?p=110#comment-18 <p>Dow doesnt look ugly here, it looks like a fantastic buy.</p> <p>Check out the ROUNDING dome formation on the Dow daily chart...</p> <p>Rounding Tops are THE MOST BULLISH Chart pattern.</p> <p>Read about them here... <a href="http://www.coveredcallswins.com/chartpatterns/BestBullish&BearishPatterns.html" rel="nofollow">http://www.coveredcallswins.com/chartpatterns/BestBullish&BearishPatterns.html</a></p> <p>NYSE also just hit record short interest, these tell me Dow is ready for upside explosion here soon.</p> Dow doesnt look ugly here, it looks like a fantastic buy.

Check out the ROUNDING dome formation on the Dow daily chart…

Rounding Tops are THE MOST BULLISH Chart pattern.

Read about them here…
http://www.coveredcallswins.com/chartpatterns/BestBullish&BearishPatterns.html

NYSE also just hit record short interest, these tell me Dow is ready for upside explosion here soon.

]]>