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01 Jun
Posted by Sensei @ 9:21 pm on Monday, June 1st, 2009 in Stock Market Charts, Technical Analysis, Trades
I still can’t get over how good so many charts look. Alright you want to call this a bear market rally fine. Likely you have missed the majority of the move.
Some of my indicators are saying now that this market just ticked another notch into potential bull market territory. I noticed tonight on Fast Money they mentioned the Choppock Indicator. I’ve never heard of it, but I always find it interesting when different indicators are starting to say similar things. Therefore, we have gotten big turns in the indicators, however, that doesn’t mean a pullback can’t occur and NOT CHANGE the bull perspective.
With that tidbit here are the charts of what I bought:
I’ll be looking for some others tonight.
Tags: bear market, market rally, nat gas, sjt, teloz, ung
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