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Going down the wormhole?

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GarethJ
Regular Contributor
Many short term TA signals indicate a bounce. Most serious Trading Blogs in the USA are discussing Complex Signals pointing to a bounce. Yet the baby keeps dropping. If this goes on another day or two we must be heading into July 08 territory surely? Turning ugly.
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6 REPLIES 6
Not applicable
For a minute there GarethJ i thought you were trying to sell us some bounce ponzi scheme yak,.. Really, as i was contemplating the whole school boyishness of this club bounce after bounce, yeah we can talk this thing up/ sell sell sell,.. Can't believe there are so many starry eyed 'believers' here,.. It's all in the fundamentals baby,. hahah,. surely!!,..
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theyoungster
Super Contributor
so dixie, you a believer that there good fundamentals? i dont mean to be pessimistic, but where these fundamentals you speak of :P
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Not applicable
You obviously did not catch my tounge in cheek Youngster,.. neer ye mind,..
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GarethJ
Regular Contributor
If one tries to clear one's mind and look at the TA, a bounce is due. Then every signal seems to fail and we go down further. If watching the news, then well, I'm busy trying to trade in my underground bunker in the Drakensberg while enjoying my stash of biltong and klippies (helped Distell go up) and coke. Also like using Google earth to pick my Greek Island which I plan to buy in a years time with one of the Kruger Rands I bought in January. Just hope MTN keeps going long enough for me to stay connected to the interweb...
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Not applicable
in my opinion march 2009 thru jan 2010 was the bounce,.. this is long term TA we are talking here,.. zoom out a little if you asketh i,.. we came back up as yes it all went south too fast,. but no,. it doesnt have to bounce on the edge of a cliff face,. it culd sommer just fall off the cliff again,.. Look at the weekly graphs,.. Just touching their 200d MA's,. 50d MA not even crossed over as yet on many,.. So as such,. this has been THE bounce and now it is down the rabbit hole as ye mention,.. regards the berg,. you just had to throw that in didn't you,.. grrrr,..
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prancing_horse
Super Contributor
Where abouts in the Berg, if you don't mind me asking?
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