Daily Market Analysis Oct 26, 2010 Video

gravitar easyguru - 6:32PM Oct 26

Comments

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    DC commented on October 26, 2010

    ...situational awareness (that Brad Pitt comment had me rolling)

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    elmariachi commented on October 26, 2010

    ur brad pitt joke is classic ;)

  • gravitar
    elmariachi commented on October 26, 2010

    im surprised u didnt buy NFLX today or BIDU on the 4 weeks tight breakout

  • gravitar
    elmariachi commented on October 26, 2010

    or OVTI

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    elmariachi commented on October 26, 2010

    i just subscibed to the new IBD charting software and its lacking

    cant cusomize the screens

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    tekka commented on October 27, 2010

    I dont understand the point that for the divergence to go away we have to have a 300+ or 300- down move. Why can't the regular rotation bring things in balance?

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    easyguru commented on October 27, 2010

    How will the divergence go away by either market making big up move or market making big down move. Divergences typically tend to resolve in trend reversal. Regular rotation can bring things in balance provided more stocks participate in a move.

    Everything depends on your time frame and returns you have till date. If I was sitting on triple digit returns YTD I would look at staying in market and not mind taking 10% hit. At this stage my objective is to walk away with at least 55% return and build on it. If I take 10% hit I will have to climb the mountain all over again and year does not have enough days for that.

    Besides that Market Monitor fits my trading style and kind of return expectations I have , others have different expectations.

    What is important is to understand the concept of market breadth and make it work for your own trading style and profit objective.

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