Wednesday, February 11, 2009
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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
3 comments:
Looks like there might be a lot of support just above 800, nice rally from the lows today!
Yea extreme bounce off of that support level, as it appears technical it was also greatly driven by the news that came out regarding home mortgages.
Yeah, but that's the beauty of technical analysis. It often correlates well with fundamentals. More often than not I've seen a stock set up a pattern then breakout just before or after news.
The market knows all!!!
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