Thread: tsptalk's Market Talk

Originally Posted by OBXTrader

Some of us like slow and steady upward. Looks less like a DCB that way.

The tepid bounces of off sell offs like Friday start to look like bear flags. I think you need the surge up off the lows, then the steady increase. Of course two of those were short term bounces, so you're right, we're not out of DCB territory yet.

FWIW:

I won't be surprised by a stock correction: Siegel

I won't be surprised by a stock correction: Siegel

Looks like a bad day on tap. Makes me feel like drinking a lot of water. Purge.

Originally Posted by Sensei

Looks like a bad day on tap. Makes me feel like drinking a lot of water. Purge.

i prefer my water flavored with a little barley mash and hops, but i'm with ya on the lots of it part.

The SPY cut right thru the 50-day EMA but has so far held at the 50-day Simple MA. New open gap created.

Maybe Monday WAS a DCB afterall? Time will tell I suppose.

DCB tomorrow?

U.S. stock futures suggest modest rebound at Wednesday open

U.S. stock futures suggest modest rebound at Wednesday open - MarketWatch

Not much of a bounce so far. We probably need a couple more down days to wash out the weak bulls..

Just another shakeout before we go to the moon

Originally Posted by sniper

Just another shakeout before we go to the moon

I like the way you're thinking.

Frank

Originally Posted by Lakebound

I like the way you're thinking.

Frank

Haha thanks. My investing style is a little different than many here though, I only look at the intermediate - long term outlook & don't sweat day to day fluctuations. If anything, more fear in the market just makes me more willing to jump in and buy