Wednesday, January 7, 2009

Looks Like A Backtest Thus Far

Buying weakness makes sense now.


Blue said...

I'm leaning towards the long side also Stewie. Check out BIDU at 126, beautiful set up. Held up nicely today.

Anonymous said...

stewie, you seem like an open minded guy, I would like to share something with you that bothers me about the market. its not any news article or anything like that, just some advance decline charts. I would like your opinion. are you familiar with the cumulative advance decline charts?

thanks, sorry to bother you but the other guy that has any knowledge dismissed my concern without even looking at the evidence.


Stewie said...

hi blue. I do not trade BIDU much. i find it very tricky but i think we head higher from a little while longer.

Lelio: i do not track the charts of Advance/decline much but i have a friend who and i made for you on it. hope it helps. check out my latest post.

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