tag:blogger.com,1999:blog-6295816220567143055.post1433302056590524562..comments2023-10-19T03:15:44.159-07:00Comments on ***EW trends and charts, LLC********: Week-end Observations!!!Michael Eckerthttp://www.blogger.com/profile/04375800887149740795noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6295816220567143055.post-54744047461176736502010-12-12T14:35:29.252-08:002010-12-12T14:35:29.252-08:00You need to understand that stocks like Citicorp (...You need to understand that stocks like Citicorp (C) are having huge influence on the TRIN, given that it is trading over 700 million shares a day. Bank of America at 225 million shares a day is also having the same effect.<br /><br />Just look at the most active list from Friday.Wags94101https://www.blogger.com/profile/17739473911489005682noreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-75753775673413579452010-12-12T07:53:06.072-08:002010-12-12T07:53:06.072-08:00Michael
I took a hard look at Roy’s chart and find...Michael<br />I took a hard look at Roy’s chart and find his trend channels subject to argument, if you draw a top trend line down from May’s high to his A label at the end of Oct. then Draw a fresh trend line up from his one label in mid Oct. through his Aug. 3 label you see his chart in a whole different light and that’s that the South African Rand has broken out and just finish its 2nd wave up (tested support) and is about to move up in to a larger 3rd wave with the Dollar. In fact it would be interesting to overly the two charts the Dollar/ South African Rand. Maybe you could modify Roy’s chart with my version. Go long on the South African Rand is what I see.<br />Jack CAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6295816220567143055.post-36278484905524093052010-12-12T00:11:22.062-08:002010-12-12T00:11:22.062-08:00City group seems a good buy right now. i predicted...City group seems a good buy right now. i predicted the current upthrust back on November 26th on my blog :<br />http://faizan-stockpicks.blogspot.com/2010/11/citigroup-inc-c.html<br /><br />Also, check my latest pick Cardiome Pharma Corp. (CRME):<br />http://faizan-stockpicks.blogspot.com/2010/12/cardiome-pharma-corp-crme.htmlFaizanhttps://www.blogger.com/profile/07991382469741204053noreply@blogger.com