Dec. 7.08 :: Weekend stock market review: BULLISH!

[ariot42]

Thanks for the videos. So if this is a bullish chart, why is it that one month earlier the cart looked quite similar, very congested, and then took off lower?

[andyb1979z]

Good video, thanks. I bought some stocks early on Friday as I saw several stocks I was watching bottom out. I've also noticed an inverted head/shoulders in the UK indices (Im from the UK). The FTSE dropped to 3800, then 3600, the last plunge only managed 4000 however. We're also trading in a very narrow range. These indices are getting ready to break out. Hopefully up, not down!!!

[jcattera]

I have to point out an observation on the 2nd video. This guy doesn't even mention the light volume on the "fakeout" on Friday and the amount of selling in the last 5-10 mins.. Another big observation, he didn't draw the line back far enough to catch the 3 months highs! and he didn't compare the bond yields as they are falling along with new lows in the oil prices...

I think the 2nd video was a half ass analysis. Not to mention the corny music... lol!

[ds3v3n]

"Fake out"??? You are dead wrong...At the time of this post the Dow is UP nearly 300pts!!! Take great notes on how I draw trendlines. You will not find this technique anywhere else. Your analysis sure could use some help. Stop by the website and learn a little. I see that you are using a "fake" account to send this. You must be the hateful jealous type.

[IzzardofWoz]

is that you jcat? Stop listening to u05ikoren. Right 99% of the time my ass. This guy knows his stuff.

[andyb1979z]

I listened and learned.

I bought on Friday as I just had a hunch we would see a boost. Fortunately, we did on Monday. I really appreciated your analysis and posted it to quite a lot of people. They were like "yeah yeah yeah". One person listened. They made quite a bit of cash!

Not bad for a beginner. Thanks for taking the time to share what you know. Its important.

[zozo71zozo71]

yes, i waiting to see what will happen

[wilsontt88]

Thank you for your uploads, highly recommended!

Btw, I share a similar bullish view with you in technicals, however:

1. Remember when Dow breaks major resistance then plunge 680 pts the next day?

2. Unpriced fundamentals are going to be a lot worse for at least another quarter

3. Even in USD forex pairs, many broke through major reversal S/L lines, but formed yet another new triangles - going sideways

4. The market always wants us to think otherwise

Appreciate any comments & input :)

[zozo71zozo71]

very nice remarks

i am also dont shure what will happen.

right now i am out of the market (i am from israel market) .

[ghamal]

Always appreciated. Have started to visit freetradingvideos-com and have been impressed by some of your other commentators. Matador's video of the TRIN was very helpful. i recommend everyone check you guys out.

[ds3v3n]

Thank you for the kind words....The other analysts are highly educated---real---traders and we're fortunate to have them.