Saturday, April 12, 2008
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Welcome to Stock Geometry! This casual music and financial blog typically involves posts of music videos and candlestick stock charts looking at intermediate term trends. Think MTV meets CNBC. My positions fluctuate, but I’ll always disclose positions in posted stocks. You are responsible for your investments! – Dr. pythagoruz
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2008
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April
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- Saturday Rock Blogging: Foxy Lady
- Another Leg Lower for the "Troubled Bond Insurer"
- That recurring theme
- Saturday Rock Blogging: Wrong Place
- FT: Is it going to be a shallow or deep recession?
- Earnings Season Turns Violent
- "A New Era of Hunger"
- Saturday Rock Blogging: Bouncing Around the Room (...
- The First Solar Bubble (FSLR)
- Real Estate Commercial
- Saturday Rock Blogging: Spirit in the Sky (JASO)
- Getting Jiggy With It (RIMM)
- ICE Setting Up For a Nice Short
- AAPL Short Entry Here @ $150
- The Euro (again)
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April
(15)
3 comments:
I like how big that volume was as the DJIA closed below its 50 day moving average.
Seems like it should at least catch up with that declining trendline (in red).
Soooo, the question is: watcha gonna do now?
I won't be doing anything yet but it looks like we should print another day lower and touch that red line.
If that line get clearly broken then I'd expect 12k to be the next stop to 11,750. So maybe the May/June DIA 120p?
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