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      06-21-2011, 10:35 AM   #1
mact3333
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Drives: 11' Audi S4
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Stock market Thread II--Technical Analysis

This thread is meant for stock mkt trading based on technicals and other rational theories....not meant for blindly making recommendations based on air...we will all be right and wrong, but here lets at least have a reason why we think the way we do.

I posted this chart 1-2 wks ago and this was one of the reasons a long position was reasonable at the time.

the % of SPX stocks trading below the 50 day moving avg can sniff out bottoms...every time it goes below 30% usually marks a bottom...also need to watch blow off tops in the VIX(watch if its trading above 2 standard deviations above the mean).

I usually post on trading boards but since I spend alot of time on here, I will start a thread here.

http://screencast.com/t/3kiho4tgNrw

Last edited by mact3333; 06-21-2011 at 10:45 AM.