what do you think?

[Runner]

Giving the last week of the markets performance what do you think traders/investors should do?

Buy

Hold

Sell

Short

Not sure

[IIC]

I voted buy...there's always something moving...check the group action. Last week, of the 10 DJ Super Sectors...9 were down...but Utilities were up even though The DJ Utilities Index was down...gains were concentrated in Electric Utilities which is the most heavily weighted in the Sector.

Of the 100 DJ Groups...only 7 were green...but that makes it easier to concentrate on the movers...at least for the short term trader...I tend to do better long on my quick MoMo trades when the market is flat or down(unless it really tanks)...I'm convinced that the reason is that when the market is flying...there are too many for me to watch and I end up making hasty decisions...That's my take for the quick trader...Of course, most of my trades are held for minutes or hours...So, my thoughts are not really applicable to longer term investors.

I believe Swing Traders should put more emphasis on the market flow. Intermediate Term investors should too...along with EPS which is KING for intermediate/longer termers IMO....IIC

[Websman]

I also voted buy. I like to take advantage of the markets weakness.

[New-born baby]

Stand back out of the way!

Giving the last week of the markets performance what do you think traders/investors should do?

Buy

Hold

Sell

Short

Not sure

Runner,

Your options should have included this one:

"Stand back out of the way and let her fall!"

On the more serious side, IIC is right; something is moving up, somewhere.
The market is still good for daytrading, up or down.

[RL]

where the H did my post go?

I was almost done and my post disappeared?

Any way as I was saying I have to vote not sure although I did buy pdc and added to eca with the money from ebay which I sold. Guess you have to go the way that will not cost any lost sleep.Like Doug said there Is some thing always moving but It sure Is tough to hit them with a dart.

Doug what do you mean by the dj super sectors and where do you find them?And also the 100 dj groups?
We should get at least two up days although they might not be much.THEN WE HAVE THE FED.

[New-born baby]

No cursing allowed here

I was almost done and--THEN WE HAVE THE FED.

Did somebody use MY name in vain?

[New-born baby]

Watch out now, RL!

RL, you're in trouble now!



(Audio has been shut off for good reason).

[IIC]

I was almost done and my post disappeared?

Any way as I was saying I have to vote not sure although I did buy pdc and added to eca with the money from ebay which I sold. Guess you have to go the way that will not cost any lost sleep.Like Doug said there Is some thing always moving but It sure Is tough to hit them with a dart.

Doug what do you mean by the dj super sectors and where do you find them?And also the 100 dj groups?
We should get at least two up days although they might not be much.THEN WE HAVE THE FED.

I think this site was having problems yesterday...I had the same thing happen...but since the site froze up on me a few times I copied my post and pasted it later.

Dow Jones has 10 major sectors...I call them Super Sectors(my own term)...They have 100 groups within those Sectors...however on DJ news they call those 100 "sectors"...In Barron's they call them Industry groups.

They list them in Barron's all on one page.

However, you can see them at: http://trimurl.com/1JU

[New-born baby]

You're Incredible

Doug,

When it comes to investing knowledge, you're simply incredible.

BTW, which MM pick looks best to you?

[IIC]

Of his pix I would watch PTC closely...I would wait until the StochRSI moves above .20 and then check other factors to see what's up...Doug(IIC)

P.S. EPS is July 25th. They have also been getting some positive coverage lately

[Runner]

I chose the “not sure”. The reason is many stocks have pulled back to support levels, but this week will set a better tone. If more selling pressure is applied to the markets then I’ll swing to Bearish mode. If I start seeing current support levels failing then Short it will be.

Based on current indices charts my sentiment is bearish based off the last few trading days, however we pulled back pretty good the last few sessions. I think entry in short positions has to much risk at this time, unless more pressure is applied. Long positions appear to have less risk based on support and resistance. If one does go long from current support I favor tight stops just under support. I believe we will also see more whipsawing in the markets as earning season tends to bring on more volatility.

So this should prove to be an interesting week and soon we shall see what the market gives us. You can also see by reading this how I see a mixed bag of tricks!!

[RL]

Hey NB

Love your sense of humor to bad you did not have a picture with Greenspan In devil horns. Talking about sense of humor It's just great on this sight,never bad mouthing anyone but trying to sincerly helping other members Hope we all have a good week.

[Runner]

I think this site was having problems yesterday...I had the same thing happen...but since the site froze up on me a few times I copied my post and pasted it later.

Dow Jones has 10 major sectors...I call them Super Sectors(my own term)...They have 100 groups within those Sectors...however on DJ news they call those 100 "sectors"...In Barron's they call them Industry groups.

They list them in Barron's all on one page.

However, you can see them at: http://trimurl.com/1JUx = document.all.trimurl.createTextRange();x.execComma nd("Copy");

IIC, thanks for this site

[RL]

Thanks Doug

Glad you cleared that up for me I was confused [Thats easy for me] Doug your the man. By the way nice pick last week.

[Runner]

I voted buy...there's always something moving...check the group action. Last week, of the 10 DJ Super Sectors...9 were down...but Utilities were up even though The DJ Utilities Index was down...gains were concentrated in Electric Utilities which is the most heavily weighted in the Sector.

Of the 100 DJ Groups...only 7 were green...but that makes it easier to concentrate on the movers...at least for the short term trader...I tend to do better long on my quick MoMo trades when the market is flat or down(unless it really tanks)...I'm convinced that the reason is that when the market is flying...there are too many for me to watch and I end up making hasty decisions...That's my take for the quick trader...Of course, most of my trades are held for minutes or hours...So, my thoughts are not really applicable to longer term investors.

I believe Swing Traders should put more emphasis on the market flow. Intermediate Term investors should too...along with EPS which is KING for intermediate/longer termers IMO....IIC

I agree with your approach. Something is always moving and nothing wrong with grabbing a little when ya can!!