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Envestnet, Inc. Message Board

simplycharmingdecor 2 posts  |  Last Activity: Jan 20, 2015 10:45 PM Member since: Oct 24, 2012
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    Again, it's the market

    by simplycharmingdecor Jan 20, 2015 10:42 PM
    simplycharmingdecor simplycharmingdecor Jan 20, 2015 10:45 PM Flag

    By the way, Simplycharming decor is one of my retail websites. - Charlie Willey

  • simplycharmingdecor by simplycharmingdecor Jan 20, 2015 10:42 PM Flag

    I keep talking about the market on this board but I don't think GV can do much on the upside without a good market. The basic idea that a rising tide lifts all boats and don't be caught not wearing your trunks when the tide goes out may fit well here.

    Today reminds me of the days after Jan 6 when the market rose sharply for two days only to stall out. After a 190 point rally yesterday the market was only able to scratch our an 8 point gain to form a High Wave Doji. For those of you who do not look at candlestick charts a Doji is a day where the open and close are nearly the same. It marks a day of indecision in the market and to be indecisive immediately after a good day like yesterday is perplexing, especially with a wide range between the high and low of the day.

    I just do not see a powerful bull ready to take on every bad situation that might be thrown at it.

    - cw

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