Username Password
S&P 500: 1,306.59 Change: -1.49%
BSNBC
P&P Score: 99.65   Points: 157.43   Accuracy: 59.31%   Average Pick Score: 1.60   Annual Return: 15.73% (61.62% since 6/19/08)  

BSNBC's Blog : 8 distribution days

Date October 23, 2009    Comments Comments (2)    Recommended (50)   
Bookmark and Share
Abuse this post  Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Share ThisShare This
Investor's Business Daily says uptrend is under pressure.


2 Comment(s):

Author Neurodoc     Date October 25, 2009 16:12 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
I track distribution days (don't get IBD anymore) and don't see 8 recently. In past 3 wk I count 3 on Nasdaq, 4 on DJIA (one on weak volume so tend to discount it), 3 SPX including that one weak-volume day. I sucked into short funds with the high-volume distribution days end of Sept, but that's getting a bit distant now. Do you have the dates they're calling 8 distribution days--thanks JW
Author JoeJustJoe     Date October 27, 2009 07:57 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Intrusting...on the day you wave the "caution flag" you also go long BIDU...a POS that went from basically $100 dollahs to wherst you topped it out in less than 1 year...and in all likelihood the most grossly overvalued $100+ dollah stock on the face o'the erth next to perhaps PCLN. You had better hold this play open until Mr Sim at least recognizes the initial trades on the open. Is it any wonder that you ALWAYS end up gettin yerass kicked? GOOG thing you don't trade in real $$$ ....Mr 700% LOL 3J
Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.
Sponsored Links