Who was is that, I believe yesterday, had mentioned that the best day to buy would be on a Tuesday, provided there was a pull-back? Pooks
Pooks and pullbacks.At the risk of revealing my own TA, and I know 99% think I am nuts so I should not care that others will use it and spoil it>market has had a pullback each 12.4 week (average)days for last 2 years. Only missing once and that was just after 9-11-01.So, today is day 11. Last pullback began 12-3-02. Maximum days between pullbacks is 18, minimum is 7. Based on NASDAQ, end of day values. Would I buy today, Well, opie will guess for yu'all.*Chart*
Re: chart (in your style)> So, today is day 11.this cycle is not quite an up one. at the end of last cycle, i remember it was 3.8, then dropped to 3.5 the next day and went up to 3.9/4.0 or something?
Based on history, should we then expect a better day tomorrow? I am going to start tracking you philosophy. I would hate to sell out today if glw goes up tomorrow. Thanks for your input. Pooks
You actually do seem to live on hope regarding GLW.You don't make money in the stock market by "hoping". Look at the technicals : lower volume, declining price. At one point it will drop like a rock, very likely this week.The market is always right and it is now in a selling mode re GLW.I am deucieboy
You have always been negative about glw, haven't you? Serious question, Pooks