Resons to be bears now

zhyuan04

1. Cobra's equity CPC chart double top pattern is broken today. So it is likely to be a major top here.
2. This is the third time of pull back to 15min 200MA. Usually third time is different.
3. Bank CEOs now are changing their words.
4. Europe is lagging which will drag the US down.
5. From my survery (asking whether this pull back is for real or not?). The results show that 2/3 persons think it is not for real. So another good signal for bears.

Conclusion: it is now for bears to attack back. Target: SPX 750. In order to control the loss in the case we are wrong, you could use SPX 830 or 840 as stop.

keepbuying

在G20之前不言熊。

happyface

nobo

nobo

2# keepbuying


reasonable.

yingying

2# keepbuying

which day is G20? Thanks

源济

flamesflames

raise3

I am still looking at you to turn bull

1. Cobra's equity CPC chart double top pattern is broken today. So it is likely to be a major top here.
2. This is the third time of pull back to 15min 200MA. Usually third time is different.
3. Ban ...
zhyuan04 发表于 2009-3-27 16:28

sss2041

2# keepbuying

which day is G20? Thanks
yingying 发表于 2009-3-27 16:45

next Thursday (April, 2nd).

herb

I will wait another week untill bulls lose hope and patience.  Plan to short around April 8.

coexist

I will wait another week untill bulls lose hope and patience.  Plan to short around April 8.
herb 发表于 2009-3-27 16:35

I will wait until next Wed.

ivymay99

Good analysis

zaneyuan

继续观望！

swordevil

2# keepbuying


hehe,说的好.

weigoodone01

lwjnbtx

Let's wait and see!

lovehutong9

DIng! Thanks!