This chart for SecForm4.Com, looks pretty interesting. Along with other sentiment indicators, it is now in extreme territory. Looks like 2007 might start with a bang.
12/18/2006
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This chart for SecForm4.Com, looks pretty interesting. Along with other sentiment indicators, it is now in extreme territory. Looks like 2007 might start with a bang.
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If you look at market internals for the NASDAQ, you see that over the past few weeks when it has dipped, there has not been strong interest in declining stocks to go lower. This is not the stuff of which bear markets or corrections are made.
would it be useful for our approach to sharing stock ideas if we broke them down according to how we would act on them, and this gets at my question of trade/stock "execution."
for example, stocks could be broken down into:
1. immediate daytrade
2. significant breakout - wait for confirmation, consolidation
3. etc
etc, etc. not sure where i am going with this, just thinking outloud...
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