Comments on: Calling Tops and Bottoms: Trend Changes http://www.chrisperruna.com/2009/04/10/calling-tops-and-bottoms-trend-changes/ Sat, 06 Mar 2010 08:23:43 -0800 http://wordpress.org/?v=2.8.2 hourly 1 By: chrisperruna.com » Blog Archive » All-Time Top 10 NASDAQ Daily New Highs http://www.chrisperruna.com/2009/04/10/calling-tops-and-bottoms-trend-changes/comment-page-1/#comment-21272 chrisperruna.com » Blog Archive » All-Time Top 10 NASDAQ Daily New Highs Mon, 03 Aug 2009 12:52:46 +0000 http://www.chrisperruna.com/?p=1835#comment-21272 [...] writing multiple blog posts to lock in gains on this site in late 2007 and early 2008 (see here: Calling Tops and Bottoms: Trend Changes). More articles are listed below. The NH/NL 10-d MA Diff went negative on Tuesday, October 23, [...] [...] writing multiple blog posts to lock in gains on this site in late 2007 and early 2008 (see here: Calling Tops and Bottoms: Trend Changes). More articles are listed below. The NH/NL 10-d MA Diff went negative on Tuesday, October 23, [...]

]]> By: Jay (market folly) http://www.chrisperruna.com/2009/04/10/calling-tops-and-bottoms-trend-changes/comment-page-1/#comment-20840 Jay (market folly) Sat, 11 Apr 2009 07:12:59 +0000 http://www.chrisperruna.com/?p=1835#comment-20840 Hey Chris, great stuff as always & thanks for your insight. I know that you've provided the necessary cautionary note with this preface, but I wanted to get your take on the obvious declining volume on this run-up. Such a thing is only natural, as massive buying can only go on for so long, so it means it's due for a pullback. Although volume as a whole has been larger than average over the past few months, the decline still sticks out to me. What level would you need to see breached to the upside on the technicals to improve your semibullish stance for the longer term... 8500? 9000? It seems to me as if a lot of selling will occur there. At any rate, just thought I'd drop a comment as I don't think I ever have before. I'm Jay by the way, and marketfolly.com is where I blog about tracking hedge fund portfolios among other things. Thanks again for your work. Jay Hey Chris, great stuff as always & thanks for your insight. I know that you’ve provided the necessary cautionary note with this preface, but I wanted to get your take on the obvious declining volume on this run-up. Such a thing is only natural, as massive buying can only go on for so long, so it means it’s due for a pullback.

Although volume as a whole has been larger than average over the past few months, the decline still sticks out to me. What level would you need to see breached to the upside on the technicals to improve your semibullish stance for the longer term… 8500? 9000? It seems to me as if a lot of selling will occur there. At any rate, just thought I’d drop a comment as I don’t think I ever have before. I’m Jay by the way, and marketfolly.com is where I blog about tracking hedge fund portfolios among other things. Thanks again for your work.

Jay

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