Bull or Bear week ended March 11

[spikefader]

I'm a bear this week.

[RL]

I'm a bull.

[spikefader]

Good pick Ray....looks like compx is breaking the triangle on the bullish side!

[mimo_100]

bull here

up up and away

[B.J]

Bull (snort!!)

[spikefader]

Latest chart. I remain bearish until a break of the new triangle.

I just voted bull in error. I'm still bear until the triangle breakout confirms on a closing basis.

[dmk112]

Spike, I guess you were right on point there...what's your outlook from here?

[jiesen]

Bear. Definitely bear.

A bull week with oil at $55 is highly unlikely, imo. We're lucky we have ARLP...

[spikefader]

Spike, I guess you were right on point there...what's your outlook from here?

Remain bearish. Looking bearish rising wedgy on $SPX, $INDU, and less so on $COMPX and Qs. Nasdaq looking very vulnerable under the gap resistance. My own Vector indicator closed bearish again today. I'm looking for a nice fast move in the market one way or another out of the triangles. I can't help but see the potential for bullishness in the charts, when I think about the bigger wave count. I still think we are in a big 3 up. But the daily bias is bearish, so while it is, I'm short. I could easily be wrong about the 3 up, and I don't want to miss a move because of stubborness.

[skiracer]

Mildly bullish an have to agree with Spikefader's view of the chart. This could go either way. Since I'm holding 3 positions I'm a little biased but have set stops and am watching closely to protect gains. There are a couple of shorts I'm looking at. Ostk for one.

[jiesen]

Bear. Definitely bear.

A bull week with oil at $55 is highly unlikely, imo. We're lucky we have ARLP...

Damn! These oil prices are just killing us...

http://money.cnn.com/markets/commodities/

http://biz.yahoo.com/ap/050309/wall_street_16.html

[Websman]

Damn! These oil prices are just killing us...

It stands to reason. President Bush just got back from a trip to Europe where gas already runs $5 - $6 per gallon.
I can see the conversation now...
(phone call between George Bush JR. and George Bush Sr.)

Jr. - "Hey Dad, you won't believe what My Secret Service guys just paid per liter for gas in the limo."

Sr. - "Liters? What's that you say son? Where the hell are you?"

Jr. - "Jeesh Dad! Don't you watch the news? I'm in Europe...Duh! Anyways, I couldn't figure out exactly what a liter was, but my Secret Service guys worked out this confusing math formula thingy, and they tell me that it works out to around five and a half bucks per gallon."

Sr. - "Good Lord Son! We've got to get on the ball! That's like ten times the price of our gas!"

Jr. - "Yea, I know Dad. We're losing out on a lot of money. I'll make some calls right now and get this thing going! I can't believe we've let the Europeans get so far ahead of us."

Sr. - "Read my lips Son...No high gas prices! Hahahaha!!!!"

Jr. - "Hahaha!!! You've still got it Dad! Don't worry Dad, by the time I get through raising gas prices, Americans will be driving go carts and riding bicycles!"

[mimo_100]

be happy

Bill, Hillary and Chelsea Clinton are all on an airplane. Bill suddenly exclaims, "I'm going to throw out $100 to make 1 person happy." Hillary then replies with, "I'm going to throw out $200 to make 2 people happy." Chelsea then remarks with, "I'm going to throw out $300 to make 3 people happy." And then to top it off, the pilot replies with, "I'm going to throw out all of you to make everyone happy!"

[mimo_100]

3/11/05 6 bulls 3 bears 1 knuckle $compq 2041.60 Down 29.01 Majority were incorrect

there have been 8 polls so far. The majority have been correct 2 times.

This is looking like a contrary indicator.

[spikefader]

It sure is Momo. Thanks for doing the summaries and stats!!

Hey Momo, if it's not an inconvenience can I hand the polling reins over to you?? I sure would appreciate it!