Thread: fuzzduzz account talk

Hi fuzzduzz! How's everything?

Tom

Love your avatar milk_man. do you know where I can get one like it of a "Mail Man" ???

Hi Tom,

Everything is well except this market. It's been a tough year. Although I haven't been posting I always read your thoughts.

No I don't, sorry fuzzz..........................

All the major indexes are at or near their 50ma and looking oversold. The problem is the markets can stay oversold for awhile. I think this week will be critical for the markets either to bounce and continue the upward move that started in october OR... break through support at 50ma on heavy volume (a lot of nice gains since october investors have been waiting to sell and take some profits for tax purposes) ala last year. I don't have a clue what will happen so I'll wait for the charts to tell me then I'll make a move.

Originally Posted by fuzzduzz

Ift @ Cob (02/09/2006)
50% I
50% S

Only thing is the cheeze could be messy!! LOL!

Starting the new year off in the F fund:
F -- Price is above the 20, 50 and 200 emas
Emas are all on a upward slope.

S & C Funds: Price is below all three emas (20,50 and 200) and all emas are sloping downward.

I Fund : Price is below all emas (20, 50 and 200) the 20 & 50 emas are sloping downward but the 200 ema has flattened out. On the daily chart the I fund is oversold in the short term while sitting at support of the November lows. It could bounce from here.

Alright fuzzduzz! Good luck in the New Year!

Looks like a tradable bounce. Going 50C 50S...

Nice discipline and nice return.

That move will control and hold the lead. Very gutsy and admirable.