Comments on: Will The New Downtrend Stick? http://www.nakedhedgefund.com/stock-analysis/stock-tech-analysis/will-the-new-downtrend-stick/ Personal Finance and Investing Wed, 25 Jan 2012 05:41:36 +0000 hourly 1 http://wordpress.org/?v=3.1.1 By: NHF http://www.nakedhedgefund.com/stock-analysis/stock-tech-analysis/will-the-new-downtrend-stick/comment-page-1/#comment-523 NHF Mon, 05 Oct 2009 14:24:24 +0000 http://www.nakedhedgefund.com/?p=1247#comment-523 Thanks for the comment Will... totally agree with the upcoming earnings season. Im just hoping that they don't use this 50 day moving average as a launching pad. Thanks for the comment Will… totally agree with the upcoming earnings season. Im just hoping that they don’t use this 50 day moving average as a launching pad.

]]> By: Will http://www.nakedhedgefund.com/stock-analysis/stock-tech-analysis/will-the-new-downtrend-stick/comment-page-1/#comment-521 Will Sat, 03 Oct 2009 23:43:15 +0000 http://www.nakedhedgefund.com/?p=1247#comment-521 Agree with the down trend. RSI broke below 50 as well last week. Question is, how long do we expect this to last. Some real earnings questions linger...we have had pretty bad earnings the last 2 quarters that sent the markets skyrocketing due to rhetorical arguments that don't hold their weight in water. For instance, none of the banks actually made money last quarter, besides JPM (not counting the IB firms). Citigroup actually sold Smith Barney to post a profit. Can we expect the market to rally off this BS again??? Are we expecting "real" earnings this time instead of cost cutting? Will the world economy pick up the dead American economy (Google/Apple/Cisco/etc making money overseas to grow profits)? The seasonal earnings storm is coming...any opinions would be helpful. I personally think CIT going under is another fire that may burn brighter than we think... Agree with the down trend. RSI broke below 50 as well last week. Question is, how long do we expect this to last. Some real earnings questions linger…we have had pretty bad earnings the last 2 quarters that sent the markets skyrocketing due to rhetorical arguments that don’t hold their weight in water. For instance, none of the banks actually made money last quarter, besides JPM (not counting the IB firms). Citigroup actually sold Smith Barney to post a profit. Can we expect the market to rally off this BS again??? Are we expecting “real” earnings this time instead of cost cutting? Will the world economy pick up the dead American economy (Google/Apple/Cisco/etc making money overseas to grow profits)?

The seasonal earnings storm is coming…any opinions would be helpful. I personally think CIT going under is another fire that may burn brighter than we think…

]]> By: NHF http://www.nakedhedgefund.com/stock-analysis/stock-tech-analysis/will-the-new-downtrend-stick/comment-page-1/#comment-519 NHF Fri, 02 Oct 2009 18:41:33 +0000 http://www.nakedhedgefund.com/?p=1247#comment-519 Alright going to use todays little bounce to rotate short on SPY selling at $103 and shorting. Hopefully this downtrend sticks. Alright going to use todays little bounce to rotate short on SPY selling at $103 and shorting. Hopefully this downtrend sticks.

]]> By: NHF http://www.nakedhedgefund.com/stock-analysis/stock-tech-analysis/will-the-new-downtrend-stick/comment-page-1/#comment-518 NHF Fri, 02 Oct 2009 15:29:46 +0000 http://www.nakedhedgefund.com/?p=1247#comment-518 Once it went through that $104 support it got down to the $102 quick. Now the market is sitting right on its 50 day moving average. I would expect a dead cat bounce here.. we will see. Once it went through that $104 support it got down to the $102 quick. Now the market is sitting right on its 50 day moving average. I would expect a dead cat bounce here.. we will see.

]]> By: NHF http://www.nakedhedgefund.com/stock-analysis/stock-tech-analysis/will-the-new-downtrend-stick/comment-page-1/#comment-517 NHF Thu, 01 Oct 2009 18:07:36 +0000 http://www.nakedhedgefund.com/?p=1247#comment-517 Alright looks like the downtrend is confirmed now. Will be starting to make the moves. Hopefully this time it isn't another downside head fake. Usually like to give the change a couple days to avoid getting caught in a reversal. Alright looks like the downtrend is confirmed now. Will be starting to make the moves. Hopefully this time it isn’t another downside head fake. Usually like to give the change a couple days to avoid getting caught in a reversal.

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