Dow Jumps More Than 400 Points! - Page 26 - Mercedes-Benz Forum

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post #251 of 437 (permalink) Old 03-24-2008, 05:34 PM
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^^^^Exactly, that is 3 posts in a row you have gotten correct, must be a new record.........
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post #252 of 437 (permalink) Old 03-24-2008, 05:38 PM
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Dead cat bounce?
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post #253 of 437 (permalink) Old 03-24-2008, 07:05 PM Thread Starter
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Dead cat bounce?
We are way past a DCB...

Don't believe everything you think
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post #254 of 437 (permalink) Old 03-24-2008, 07:56 PM
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We are way past a DCB...
Well, we have been in the same trading range since Jan 11 when we tickled 12,500 the first time on the slide down from the 14K range and we have been averaging 12,220 since then. We had two heads at 12,7xx and three dips below 12,xxx.

So we are not beyond a bounce, we are kinda flopping on the floor in a 500pt spread over the past 50 trading days.

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post #255 of 437 (permalink) Old 03-24-2008, 08:18 PM
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What the hell are you smoking???
Myopia is your greatest strength.

The biggest problems we are facing right now have to do with George Bush trying to bring more and more power into the executive branch and not go through Congress at all and that’s what I intend to reverse.

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post #256 of 437 (permalink) Old 03-24-2008, 09:08 PM Thread Starter
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Well, we have been in the same trading range since Jan 11 when we tickled 12,500 the first time on the slide down from the 14K range and we have been averaging 12,220 since then. We had two heads at 12,7xx and three dips below 12,xxx.

So we are not beyond a bounce, we are kinda flopping on the floor in a 500pt spread over the past 50 trading days.
The DCB would have occurred on 03/11! If it were a true DCB the market would have immedietly dropped back to its lows on 03/12,13, and 14!

Bear when you don't know what you are talking about you would have looked much smarter had you just kept your mouth/keyboard shut!

Don't believe everything you think
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post #257 of 437 (permalink) Old 03-24-2008, 09:10 PM Thread Starter
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Myopia is your greatest strength.

Don't believe everything you think
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post #258 of 437 (permalink) Old 03-24-2008, 09:11 PM
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The agony...
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post #259 of 437 (permalink) Old 03-24-2008, 09:24 PM
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The DCB would have occurred on 03/11! If it were a true DCB the market would have immedietly dropped back to its lows on 03/12,13, and 14!

Bear when you don't know what you are talking about you would have looked much smarter had you just kept your mouth/keyboard shut!
You statement is correct ONLY if 3/11 was the bottom.

My point was, if you had taken the time to look at the chart is the flowing average is 12,220, with three drops below 12K. If you look at the three month grid you cannot assume that 3/11 is the bottom. There is no foundation argument to support that theory.

All you can assume is that it was a spike down off the three month running average.

McBear,
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post #260 of 437 (permalink) Old 03-24-2008, 09:32 PM Thread Starter
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You statement is correct ONLY if 3/11 was the bottom.

My point was, if you had taken the time to look at the chart is the flowing average is 12,220, with three drops below 12K. If you look at the three month grid you cannot assume that 3/11 is the bottom. There is no foundation argument to support that theory.

All you can assume is that it was a spike down off the three month running average.
Bear: When you get in over your head, STOP DIGGING! We are way beyond a DCB!!

3 Mo


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Don't believe everything you think

Last edited by Jayhawk; 03-24-2008 at 09:56 PM.
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