Wednesday, April 20
Afternoon Chat Invitation
In yesterday's chat we reviewed the good Dummy spots in EMC, a failed Dummy trade in ADTN, and a semi-successful Dummy trade in PKTR. It was altogether too productive and useful a discussion; I'm hoping for more silliness today. Everyone's welcome!
Posted on April 20, 2005 at 14:30, GMT
Minor Low in S&P Possibly Complete
When I squint at the chart these are the waves that I see at the moment. If prices continue to rally from here, I expect they'll meet sellers around 1210ish... that's what Lenny Pisano (a.k.a. Fibonacci) would say anyway.
S&P 500 futures, Daily Charts
Posted on April 20, 2005 at 14:15, GMT
Newspaper Readers Are Dying Off Faster Than They Can Be Replaced
You'll find quite a few newspaper stocks if you look at the new 52-week lows list. You'd be hard pressed (yes, a pun) to find anyone under age 50 who reads a newspaper every day. I personally read a lot of news... every word of it online.
GCI, TRB, DJ: Weekly Charts
Posted on April 20, 2005 at 14:00, GMT
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