Comments on: April 24, 2008 Stock Market Recap http://tradermike.net/2008/04/april_24_2008_stock_market_recap/ Stock market commentary & trading ideas. Stock market weblog (blog), swing trading, day trading, stock picks, technical analysis, stock charts, stocks. Fri, 25 Jul 2008 05:42:53 +0000 http://wordpress.org/?v=2.3.2 By: Michael http://tradermike.net/2008/04/april_24_2008_stock_market_recap/#comment-9359 Michael Fri, 25 Apr 2008 15:15:44 +0000 http://tradermike.net/2008/04/april_24_2008_stock_market_recap/#comment-9359 Greg -- I honestly couldn't say. If I had to choose, I'd go with a bear market rally simply b/c we're still under the 200-day moving averages. VC -- DUG is still locked in a downtrend. I wouldn't be a buyer right now. Thanks JMJ and Bill! Greg — I honestly couldn’t say. If I had to choose, I’d go with a bear market rally simply b/c we’re still under the 200-day moving averages.

VC — DUG is still locked in a downtrend. I wouldn’t be a buyer right now.

Thanks JMJ and Bill!

]]> By: Bill Luby http://tradermike.net/2008/04/april_24_2008_stock_market_recap/#comment-9358 Bill Luby Fri, 25 Apr 2008 14:06:56 +0000 http://tradermike.net/2008/04/april_24_2008_stock_market_recap/#comment-9358 Hi Mike, Consider this blanket thank you for all your excellent posts since I have wandered into the blogosphere. I particularly enjoy your concise commentary and charts on the major averages -- and it is a large part of why your site has been sitting toward the top of my blogroll for the last year plus. Keep the good work coming! -Bill Hi Mike,

Consider this blanket thank you for all your excellent posts since I have wandered into the blogosphere.

I particularly enjoy your concise commentary and charts on the major averages — and it is a large part of why your site has been sitting toward the top of my blogroll for the last year plus.

Keep the good work coming!

-Bill

]]> By: Jmjatlanta http://tradermike.net/2008/04/april_24_2008_stock_market_recap/#comment-9357 Jmjatlanta Fri, 25 Apr 2008 12:32:21 +0000 http://tradermike.net/2008/04/april_24_2008_stock_market_recap/#comment-9357 Excellent commentary, Mike. Thanks for the insight. Your link to the Adam & Eve top is great too. I often look to Thomas Bulkowski for his take on chart patterns. I don't know if you've explored his books or site, so I'll pass it on: http://www.thepatternsite.com I'm hoping this is the beginning of a good trend northward (indexes, dollar, etc.). But we all know that hope is a bad word, so I'm working hard to keep my emotions in check. I'll be in all cash each night until the trend is a bit more established. Excellent commentary, Mike. Thanks for the insight.

Your link to the Adam & Eve top is great too. I often look to Thomas Bulkowski for his take on chart patterns. I don’t know if you’ve explored his books or site, so I’ll pass it on: http://www.thepatternsite.com

I’m hoping this is the beginning of a good trend northward (indexes, dollar, etc.). But we all know that hope is a bad word, so I’m working hard to keep my emotions in check. I’ll be in all cash each night until the trend is a bit more established.

]]> By: VC http://tradermike.net/2008/04/april_24_2008_stock_market_recap/#comment-9356 VC Fri, 25 Apr 2008 11:00:00 +0000 http://tradermike.net/2008/04/april_24_2008_stock_market_recap/#comment-9356 What do you think of DUG (oil short)? Chart looks interesting. What do you think of DUG (oil short)? Chart looks interesting.

]]> By: Greg Feirman http://tradermike.net/2008/04/april_24_2008_stock_market_recap/#comment-9355 Greg Feirman Fri, 25 Apr 2008 02:38:12 +0000 http://tradermike.net/2008/04/april_24_2008_stock_market_recap/#comment-9355 What's your feel Mike? Is the bottom in or is this a bear market rally? What’s your feel Mike? Is the bottom in or is this a bear market rally?

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