Thursday, September 30, 2010

Looks like a reversal day.

Will do another set of charts tomorrow end of day. Hopefully the reversal will be solid by that point.


Anonymous said...

hey Mark,

My indicators gave a STRONG sell signal on Sept 23. My indicators were wrong.

Further, no way would I have been long the market going into yesterday's close. Based on pre-market today, that too was wrong.

Therefore, I can only conclude that to go short, I must wait for a VERY STONG buy signal!!! LOL!!! What a market.


mlytle said...

Hi Anon,

Yep, things are weird out there...I was early also, on the small short position I have...


Successful Penny Stock Investing said...

I would like to comment about the average salaries that students from Ivy league schools nation wide earn compared to non Ivy league schools. This is an elitist system although their are many talented students from Ivy league schools their are also many talented students from non Ivy league schools yet anyone that graduates from one of these schools gets a ticket to a top job. What I would love to see for example is the bottom 10% of the graduating class of harvard yale and princeton and compare their salaries to the top 10% of the gratuating class of the non Ivy league schools that are considered very good but maybe just below Ivy league level. Now compare their salaries and see if the Ivy leaguers in the bottom 10% of their class still make more money than the non Ivy leaguers that graduated in the top 10% of their class. If they do this proves what I said in the beginning of my comment. This is nothing but an elitist system.