Posts by Iowa Cyclone

No Baggi your onto something there. Great example of the tail trying to wag the dog. Sometimes it works. Sometimes it doesn't. I still smell a bounce even with Alcoa's earnings coming out bad.

Quote: Originally Posted by LuckyOne So far there has been little interest in buying. The unemployment data really wasn't that bad. The Christmas season wasn't that bad. The markets are down on the economy though. ...

Quote: It was obvious this was coming though. True dat!

Technically we are oversold and most people out there are screaming "run for the hills." That for me is enough to be bullish.

Who cares....? Now we start fed rate cut rumors and the markets rally. Downward pressure is over now as rate cut fever takes hold.

Still bearish but am taking comfort from the out of bound fall and mini rally sparked off by oversold condition. Means to me more people are following their charts rather than actually doing the math on econ. news. So when charts start...

Very interesting the DOW bounce off the top of the longterm downward trend regression. I would say its a good sign for longs but I'm still hoping for a little more of a correction before I'm longterm bullish.

http://www.marketvolume.com/ Found this. Not sure if it is helpful yet for intra-day volume. Can't wait for Monday to test it.

ORCL and covering in RIMM keeping the tech market up single-handedly?

Yup. The bounce is over IMO.