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Worden Discussion Forum » General Discussions » Stock and Market Talk » This Market is smelling bad

This Market is smelling bad Rate this Topic:
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signaltap
Posted : Thursday, May 10, 2007 11:18:31 AM
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Joined: 3/16/2006
Posts: 2,214
 like a rat!

I just saw peked @ my high and lows "fly wheel" and is flying to the downside!
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signaltap
Posted : Thursday, May 10, 2007 11:31:12 AM
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Joined: 3/16/2006
Posts: 2,214
 I'm all cash
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hohandy
Posted : Thursday, May 10, 2007 11:46:32 AM
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Joined: 12/21/2004
Posts: 902
QUOTE (signaltap2)
I'm all cash


was that an emotional gut decision or was that based on calm cool analysis?
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signaltap
Posted : Thursday, May 10, 2007 12:06:07 PM
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Joined: 3/16/2006
Posts: 2,214
 if I don't like what I see, (then the DOW was -70 now is -140!) I stay out of way of "the train". specially when I saw that "flywheel" moving wildly to the downside with acceleration
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lpark
Posted : Thursday, May 10, 2007 12:34:48 PM
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Joined: 1/29/2005
Posts: 104
 The DOW seems to be having some profit taking occuring right now. It has moved back down to the 8ema. We still seem to be in an uptrend, but its still good to sit on the side and watch for the bounce back up.
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