Comments on: How to Spot a Market Reversal http://www.chrisperruna.com/2008/10/28/how-to-spot-a-market-reversal/ A blog about trading, finances, success and life itself Fri, 30 Dec 2011 14:18:33 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Chris http://www.chrisperruna.com/2008/10/28/how-to-spot-a-market-reversal/comment-page-1/#comment-19965 Chris Wed, 29 Oct 2008 12:42:26 +0000 http://www.chrisperruna.com/?p=1560#comment-19965 Anon, Maybe the lows will test but don't "think" you know what "should" happen. Follow the tape. Times are tough and the market is weak (no individual leaders) so this new rally attempt may just be a reversal. We'll see. Do nothing yet. Anon,
Maybe the lows will test but don’t “think” you know what “should” happen. Follow the tape. Times are tough and the market is weak (no individual leaders) so this new rally attempt may just be a reversal. We’ll see. Do nothing yet.

]]> By: Chris http://www.chrisperruna.com/2008/10/28/how-to-spot-a-market-reversal/comment-page-1/#comment-19964 Chris Wed, 29 Oct 2008 12:40:52 +0000 http://www.chrisperruna.com/?p=1560#comment-19964 Daniel, See today post for an exmaple: http://www.chrisperruna.com/2008/10/29/pivot-reversal-day-1/ Daniel,
See today post for an exmaple:
http://www.chrisperruna.com/2008/10/29/pivot-reversal-day-1/

]]> By: daniel http://www.chrisperruna.com/2008/10/28/how-to-spot-a-market-reversal/comment-page-1/#comment-19958 daniel Wed, 29 Oct 2008 04:29:28 +0000 http://www.chrisperruna.com/?p=1560#comment-19958 hi chris, great post. but can you explain the idea of the pivot reversal a little bit more. i'm not sure that i would be able to recognize it by myself. what is the main characteristic? thanks! daniel hi chris,

great post.
but can you explain the idea of the pivot reversal a little bit more. i’m not sure that i would be able to recognize it by myself. what is the main characteristic?

thanks!
daniel

]]> By: anon http://www.chrisperruna.com/2008/10/28/how-to-spot-a-market-reversal/comment-page-1/#comment-19951 anon Wed, 29 Oct 2008 01:33:18 +0000 http://www.chrisperruna.com/?p=1560#comment-19951 Hi, by looking at those charts, they all seem to make a new low (relative) before starting their uptrend... in our market, that would mean 'new lows' (below 839 on the s&p). We have had 3 good reversal/up days in the month, but i still have a feeling that we test those lows due to redemptions/recession/CDS settlements. That is, unless we see an 87' type floating around a while before slowly moving up. Whats your take. Hi, by looking at those charts, they all seem to make a new low (relative) before starting their uptrend… in our market, that would mean ‘new lows’ (below 839 on the s&p). We have had 3 good reversal/up days in the month, but i still have a feeling that we test those lows due to redemptions/recession/CDS settlements. That is, unless we see an 87′ type floating around a while before slowly moving up. Whats your take.

]]> By: Waseem Alim http://www.chrisperruna.com/2008/10/28/how-to-spot-a-market-reversal/comment-page-1/#comment-19950 Waseem Alim Wed, 29 Oct 2008 00:50:02 +0000 http://www.chrisperruna.com/?p=1560#comment-19950 Hey Chris, I was looking for an email to get in touch with you but was unable to find one. Anyways, I work for wikinvest.com and was wondering whether you could shoot me an email. We just launched a new service and was wondering whether you would be interested about it. You can learn more about it here: http://www.wikinvest.com/blogger/Wikinvest_wire Regards, Waseem Hey Chris,

I was looking for an email to get in touch with you but was unable to find one.

Anyways, I work for wikinvest.com and was wondering whether you could shoot me an email. We just launched a new service and was wondering whether you would be interested about it. You can learn more about it here:

http://www.wikinvest.com/blogger/Wikinvest_wire

Regards,
Waseem

]]> By: Chris http://www.chrisperruna.com/2008/10/28/how-to-spot-a-market-reversal/comment-page-1/#comment-19949 Chris Wed, 29 Oct 2008 00:18:10 +0000 http://www.chrisperruna.com/?p=1560#comment-19949 Blain, Thanks! I feel refreshed after my blog break and ready to kick some market ass. Do note that the historical data doesn't go much further than the early 1980's for stockcharts.com, at least for annotations. They have large historical charts going back to 1900 if you want but they are huge files. Blain,
Thanks! I feel refreshed after my blog break and ready to kick some market ass.

Do note that the historical data doesn’t go much further than the early 1980′s for stockcharts.com, at least for annotations. They have large historical charts going back to 1900 if you want but they are huge files.

]]> By: Blain Reinkensmeyer http://www.chrisperruna.com/2008/10/28/how-to-spot-a-market-reversal/comment-page-1/#comment-19948 Blain Reinkensmeyer Wed, 29 Oct 2008 00:12:33 +0000 http://www.chrisperruna.com/?p=1560#comment-19948 Fantastic post Chris, I think I am going to upgrade my stockcharts.com acct so I can actually view these historical charts and patterns. Do those books of yours bring up 10% rallies when consumer confidence hits record lows?! Fantastic post Chris, I think I am going to upgrade my stockcharts.com acct so I can actually view these historical charts and patterns.

Do those books of yours bring up 10% rallies when consumer confidence hits record lows?!

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