Posts Tagged ‘market rally’


Posted by StockRake on June 1, 2009 in Stock Market Charts, Technical Analysis, Trades

Index Longs In Cash, Bought Nat Gas

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 …

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Posted by StockRake on January 8, 2009 in Leveraged ETFs, Leveraged Funds, Market Comments, Technical Analysis, Trades

SPX Moved Below 900 and Closed Above

So here I provided a graphic that is the same as the one I’ve been posting the past few days. The blue line got tested, and we closed above it. Be long unless we get an SPX close below that. This also means the odds favor a SPX test of 950 now since the market …

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Posted by StockRake on December 16, 2008 in Technical Analysis

SPX Chart I Didn’t Get To Post Last Night Because I Passed Out

This was the train track the SPX was chugging along as of last week. This is how the same chart this week is shaping up. The point of this is that this mini channel caused back in November 2007 signaled the beginning of a bear market. The SPX then had a bear market rally (didn’t …

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Posted by StockRake on November 27, 2008 in Alternative Energy, China Stocks, Trades

A Very Profitable Day

The gains in the NDX (9%ish) and the RUT (11.4%ish) were outstanding. My only mistake was not adding back the money I took off the table after Monday’s run. Alas the gains have been good. I have sold my index longs as a precaution at the close. I want to buy back on weakness or …

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