tag:blogger.com,1999:blog-12333088.post4725867622427889735..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Breakout or shakeout?Carl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-12333088.post-42038300961374674072010-02-25T13:40:39.892-05:002010-02-25T13:40:39.892-05:00This is the beginning of a move to around 1020.
M...This is the beginning of a move to around 1020.<br /><br />Maybe lower. 912 would be a 50% retrace of this *BEAR MARKET RALLY*.<br /><br />I expect there to be a few counter trend rallies before the next IT bottom.Dave Narbyhttps://www.blogger.com/profile/10773693145577366704noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-38809896113234733282010-02-25T13:23:17.098-05:002010-02-25T13:23:17.098-05:00Dear Mr Futia!
I clearly understand your frustra...Dear Mr Futia!<br /><br /><br />I clearly understand your frustrations.<br />In this situation, it is extremely diffcult to make the good decision.<br /><br />However, as I wrote to your a couple of time, I have the best tool to support decision like this.<br /><br />I just ran my index predictors, and currently it say the following:<br /><br />Tomorrowm, Friday will not be as week as Thursday, it might even move up a litle bit from early morning levels, but the opening level might be negative, due to international impact.<br /><br />The system generated clear Bear predictions for all major indices for early next week.<br /><br />So highly probably that you would be able to get Your long back again from lover price levels<br /> during the next 5 - 6 days.<br /><br />You can see and learn to use the system, which is currently free for all interested traders:<br /><br />To access the system after free registration go to:<br /><br /> www.predictionwizard.com<br /><br /><br /> Have a great week ahead.<br /><br /> Joe Papczun<br />Inventor of the technology behind predictionwizard.comUnknownhttps://www.blogger.com/profile/11868223022532019743noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-79434996183603953322010-02-25T13:10:05.947-05:002010-02-25T13:10:05.947-05:00Carl,
Thanks, here it is. The bottom of the wedg...Carl,<br /><br />Thanks, here it is. The bottom of the wedge is at about 1075.<br /><br />http://4.bp.blogspot.com/_3lAQS24Om7o/S4a2Ar9pcAI/AAAAAAAAAAM/Bap4TodgYwA/s1600-h/Picture+1.png<br /><br />The MACD, Stochastic, and RSI have all started pointing down again as the range continues to tighten.<br /><br />Cheers!,<br />NickMoby Pixelhttps://www.blogger.com/profile/10940148317014870720noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-5168061836954090672010-02-25T13:04:34.552-05:002010-02-25T13:04:34.552-05:00I just accidentally deleted a comment containing a...I just accidentally deleted a comment containing a chart link. Feel free to repost it!Carl Futiahttps://www.blogger.com/profile/01624989905417650273noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-62484313401569176982010-02-25T12:57:21.187-05:002010-02-25T12:57:21.187-05:00Very nice analysis.
The number of NYSE adv - dec ...Very nice analysis.<br /><br />The number of NYSE adv - dec issues has been gradually improving throughout the session. Some of the leading stocks like AAPL, MSFT have remained well above their lows of the day. <br /><br />However, because of the "damage" done today, I am not sure if the market will manage to rise above Carl's green line at approx. ES 1096 right away.Teichhttps://www.blogger.com/profile/08047779768753305475noreply@blogger.com