Monday, May 18, 2009

The 3rd time is NOT charm

Just a quick update as a follow up for Major Distribution Day and the Magic Number Three.

We had a Major Accumulation Day today, so the previous Major Distribution Day is cancelled again the 3rd time. This means no more follow-through Major Distribution Day is expected in a very short time.

MajorADDay

at

5 comments:

  1. AnonymousMay 18, 2009 at 6:53 PM

    what does it mean?

    ReplyDelete
  2. chaugnerMay 18, 2009 at 7:07 PM

    as per your chart ... prices up (and man where they up) and volume down (one of the lowest volume days in a while) = most bearish

    ReplyDelete
  3. AnonymousMay 18, 2009 at 7:07 PM

    Hi, I love this blog. But my Norton program tells me there are problems on this website:

    Cobra, please check whether that is true.

    Best, Joern


    Threat Name: Trojan.Giframe
    Location: http://lh6.ggpht.com/_P0TlxCObsfU/SZ9E5TBFIRI/AAAAAAAAAOI/DBIefc2Q7vw/s400/cry.png



    Threat Name: Trojan.Maliframe!html
    Location: http://lh5.ggpht.com/weird.part.2/R12N95FUM9I/AAAAAAABC6k/ab0CcXmqlFA/s800/shradhha_img.jpg



    Threat Name: Trojan.Maliframe!html
    Location: http://lh6.ggpht.com/weird.part.2/R12N_JFUM_I/AAAAAAABC68/Yi7dl6okp_g/s800/img-shraddha.jpg

    ReplyDelete
  4. CobraMay 18, 2009 at 7:46 PM

    Joern, my virus software doesn't tell me anything. Alos these png seem not mine.

    Chaugner, price up volume down is bearish, but the market can keep going up with price up volume down for very long. It's very common for the bear market rally.

    Anonymous, this post is just a follow up, telling bears that no follow-through major distribution day for sure now.

    ReplyDelete
  5. AnonymousMay 19, 2009 at 6:39 AM

    Found the site by accident , interesting

    ReplyDelete