Big Board stock players, take warning!

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  • Ralphie Halves
    SBR MVP
    • 12-13-09
    • 4507

    #1
    Big Board stock players, take warning!
    650 stocks all at or approaching 52-wk highs. Uncanny. Not saying it's definitely coming, but be prepared for a huge correction very soon.
  • Brock Landers
    SBR Aristocracy
    • 06-30-08
    • 45367

    #2
    we just had a correction guy
    Comment
    • Ralphie Halves
      SBR MVP
      • 12-13-09
      • 4507

      #3
      Another one friend
      Comment
      • Ralphie Halves
        SBR MVP
        • 12-13-09
        • 4507

        #4
        Non-Farm Payroll numbers just came out and were disgusting, and unemployment was one tick worse than expected. This may be the trigger downwards. Just keep an eye out fellas.
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388208

          #5
          down today

          Canadian dollar up
          Comment
          • lemart5
            SBR MVP
            • 01-12-11
            • 2818

            #6
            Down on big sell volume today it not good here on the trading floor.
            Comment
            • jarvol
              SBR Hall of Famer
              • 09-13-10
              • 6074

              #7
              The market is and has been in a trading range for the entire year. 1250-1365. Until it breaks that range in one direction or the other then buy at the bottom and sell at the top. It ain't that hard.
              Comment
              • jjgold
                SBR Aristocracy
                • 07-20-05
                • 388208

                #8
                I am short on market
                Need it to go down bad
                Comment
                • itchypickle
                  SBR Posting Legend
                  • 11-05-09
                  • 21452

                  #9
                  Originally posted by jarvol
                  The market is and has been in a trading range for the entire year. 1250-1365. Until it breaks that range in one direction or the other then buy at the bottom and sell at the top. It ain't that hard.
                  Straight tech investor I see . But the Dow is still trending above the 200 and RSI still strong on a 6 month chart....so we might have a few weeks until a shift?
                  Comment
                  • jarvol
                    SBR Hall of Famer
                    • 09-13-10
                    • 6074

                    #10
                    The Dow? Nobody except Grandpa and Grandma retail investor watching Katie Couric at night gives a crap about the useless price weighted index of 30 stocks.
                    Comment
                    • itchypickle
                      SBR Posting Legend
                      • 11-05-09
                      • 21452

                      #11
                      Originally posted by jarvol
                      The Dow? Nobody except Grandpa and Grandma retail investor watching Katie Couric at night gives a crap about the useless price weighted index of 30 stocks.
                      Speaking overall correction wise...it does play a part. And 'grandpa grandma' style is ok for a majority weight of portfolio.....other than the 20%-25% straight stocks.
                      Comment
                      • jarvol
                        SBR Hall of Famer
                        • 09-13-10
                        • 6074

                        #12
                        Originally posted by jarvol
                        The market is and has been in a trading range for the entire year. 1250-1365. Until it breaks that range in one direction or the other then buy at the bottom and sell at the top. It ain't that hard.
                        Comment
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