rjm77me's Blog : Market is oversold - Can use a bounce Risk Or $ Reward go togather

I agree with oversold (except if my opinion is a contrarian indicator). Double hammer at potential support and $CPCE PPO 5,60 MA now substantially oversold again.

Est-il temps de panique

Well when you balance the portfolio with stocks showing strength - then you may not make money or loose too much - this is yiur risk or reward ratio
APOL is up - bought a little bit of X at 46.65 - can add at lower level and may hold for 30 days with stop loss. Took loss on BTU and bought a dollar lower. Can X go to 40 or 55 - both possible in next 30 days.
TEVA is a defensive play with good fundamentals
#X bearish ETF are doing their work
BAC and JPM are down
V MA holding ground - Please do you home work before buying any stock

Ugh! Market is going to SPX 1044 at least. Do your homework.

The way the markets are moving 1044 can happen tomorrow.

The Dow next support is 9600, I don't know what that translates into SPX

Burtski is right on target with his 1044 numba...actually, he's off by 4 points cuz it's 1040. :-) That'd be the next "nonconfirmt" price level fo the SPX. As of today we didn even take out the 5/6 low which wuz 1065 n change. I would "suggest" fokes wait fer that thur at least. :-) In "reality" ...this move to wherst the SPX is now doesn't even begin to put a small dent into the gross overvaluations that the Wall St criminals have created in the past 14 mumphs. In April 2009 the SPX began to rally off of a buy signal ...which of course wuz bearish. That meant that rally that began from appx the 800 area needed to come back and retest at least that area...never mind the March lows which were also nonconfirmed lows. Anyhoo, after rallying into mid May the retracement that wuz "due" becuz the SPX rallied after that thur signal in April began. You can "clearly" see it on the 2 year daily chart fo the SPX. This is whenst the criminals on Wall St "knew" sumphin needed to be done and that's whenst Meredith Whitney made her call to buy GS and the rest o'the finanshills. That call was too coincidental to be anything but staged. It happend in July as the SPX wuz approaching 875...never quite retracing to the 800 level...I remember it well. The bottom line? The SPX to this day STILL hasn't paid for Miss Takes made in the May-July period of 2009 whenst the criminals on Wall St came up with thur plan to prevent a complete collapse. Meredith Whitney months later sed she thot the banks were overvalued again. But she has lost all credibility with me. In fackt, I have little doubt that she wuz nuphin more than a shill that wuz used to help build neggy sentiment during the 2008-2009 meltdown. As I have sed many many times befo...no matter what "the criminal element" does to hid the trooth from the sheeple you CANNOT hide the trooth from the "free" markets. Believe it or not we still have free markets in America that will not fail to adjust out the overvaluations and Miss Allocation of capital. It's a shame that the money that will be wasted wasn't put to some GOOG use. But thaaas what happens whenst we let the ratz from Wall St infiltrate our governance. I promise you this right cheeeya and right now tho. N.Y.C. is one place you will NOT want to be in 2 years from an ecomonomic standpoint. Greed and outright evil like we see on Wall St never goes unpunished in the "bigger" scheme o'thangs. As fer as the SPX chart goes...the 2 year chart "clearly" points out that the March 2009 low goes bye bye..."eventually" ....I'd git prepared for "eventually" to happen ALOT quicker than I bet yuns sheeple would imagine. *-) 3J

Folks have been wrong and most of the stocks will follow the market. When the bounce starts - some stocks will go up 10% in three days and some will go up 1%
Depends where you are looking or just wasting you time putting big blogs - meaning nothing constructive to do during trading hours. VISA has been up 2 days in a row.
If you are serious trader make your buy or sell list. Check out the stocks mentioned in blog - I will take advantage of the up move today and Monday for up move.

. 3J

For the record, I will disagree and say Monday is down.

Some folks never learn - they use their all the five fingers to write graffiti on some ones walls.
3 J please write your blogs where ever you like and no one bothers you. It is wide open space - you want to be insulted then so be it. ALL YOUR BLOGS AND FIVE FINGERS OR AVTARS ATTACHED TO YOU WILL BE DELETED. ONE CAN FOOL SOME OF THE TIME. USING FIVE DIFFERENT NAMES ON SAME WEB SITE IS EASY TO TRACK VIA IP ADDRESS. it is a modern world where any thing can be tracked.

) 3J

hey this is philip...........