Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
failed rally = very bearish signal?
Old 05-18-2006, 02:41 PM   #1
Thinks s/he gets paid by the post
wabmester's Avatar
 
Join Date: Dec 2003
Posts: 4,459
failed rally = very bearish signal?

I don't follow TA, but I vaguely remember that failed rallies are supposed to be one of the more bearish indicators. Anybody have stats that back this up?
__________________

__________________
wabmester is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: failed rally = very bearish signal?
Old 05-18-2006, 02:59 PM   #2
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 4,005
Re: failed rally = very bearish signal?

YES!!! SELL! SELL!! SELL!!!

(disclosure: I'm just looking for a buying opportunity. You're crystal ball works as well as mine).

I'm sure the pullback was due to inflation or Iran or interest rates or oil/metals/gold/beaver cheese going up or down or having high or low volume today.

__________________

__________________
justin is offline   Reply With Quote
Re: failed rally = very bearish signal?
Old 05-18-2006, 03:09 PM   #3
Thinks s/he gets paid by the post
wabmester's Avatar
 
Join Date: Dec 2003
Posts: 4,459
Re: failed rally = very bearish signal?

Sell in May and come back on St. Leger Day, right? When the h3ll is St. Leger Day?
__________________
wabmester is offline   Reply With Quote
Re: failed rally = very bearish signal?
Old 05-18-2006, 03:45 PM   #4
Thinks s/he gets paid by the post
 
Join Date: Jul 2005
Location: Minnehaha
Posts: 2,375
Re: failed rally = very bearish signal?

Quote:
Originally Posted by wab
Sell in May and come back on St. Leger Day, right? When the h3ll is St. Leger Day?
http://intelligentspeculation.blogspot.com/
__________________
MinnesotaEats - www.goodfoodmsp.com
Danny is offline   Reply With Quote
Re: failed rally = very bearish signal?
Old 05-18-2006, 03:51 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: failed rally = very bearish signal?

Yeah, but I don't really care when the top is if you cannot also tell me when the corection is done. If past "market events" (October and May of last year) are any guide, when we hit the bottom things will snap back pretty smartly. I'd like to unload my puts before that happens.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Re: failed rally = very bearish signal?
Old 05-18-2006, 03:53 PM   #6
Recycles dryer sheets
 
Join Date: Oct 2005
Posts: 166
Re: failed rally = very bearish signal?

Quote:
Originally Posted by wab
Sell in May and come back on St. Leger Day,* right?* *When the h3ll is St. Leger Day?

The St. Leger is a horse race run at Doncaster (England) every September. First run in 1776 - did anything else happen that year?
__________________
nil illegitimus carborundum
F M All is offline   Reply With Quote
Re: failed rally = very bearish signal?
Old 05-18-2006, 04:17 PM   #7
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: failed rally = very bearish signal?

Eh, theres always a little "head fake" in these things where buyers start testing a little to see if the tides going to turn. It rarely does. Another week or two of dropping and settling, then we'll see where it goes.

Keep yer powder dry.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: failed rally = very bearish signal?
Old 05-18-2006, 05:38 PM   #8
 
Posts: n/a
Re: failed rally = very bearish signal?

Wait a minute! - I just saw a bunch of Chimpanzees in Italian Suits leaving the building!
__________________
  Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Probably a signal that I am trading excessively brewer12345 FIRE and Money 6 12-22-2006 08:24 AM
So Much For The Fed Pause Rally haha FIRE and Money 29 08-10-2006 06:32 AM
Bullish or Bearish? dmpi FIRE and Money 16 07-31-2006 07:31 PM
Protesting against Freedom - Rally against Gay marriage............. Cut-Throat Other topics 203 03-26-2006 08:04 PM
A bearish day at the library soupcxan FIRE and Money 15 04-05-2005 06:53 AM

 

 
All times are GMT -6. The time now is 07:20 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.