April 21.09 Stock Market Technical Analysis

by admin on January 25, 2012

FreeTradingVideos.com Stocks bounced today after the Treasury Secretary Timothy Geithner said banks are well capitalized. I think this is a false bounce.

{ 9 comments… read them below or add one }

FreeTradingVideos January 25, 2012 at 11:37 am

Thank you for your kind comment. I will share this with my friend.

Mustafoinc January 25, 2012 at 11:45 am

Part 2…….it could also be a Bearish In-neck,,,,,,that is if we consider to be in “barely” close into yesterday’s candle.

It seems to me its between the “Piercing and above” pattern.

Thank you for your videos. And congrads on your friend returning safely home.

Mustafoinc January 25, 2012 at 12:29 pm

for 200 points question……this is a piercing pattern but the piercing patter states it happens after a major downtrend (i would consider the “Major” to be our bearish market since late 2007. So this could be because many people for days and even a week have been saying we need a correction. But like you said this didn’t close above the 50% of yesterday’s down day. Please correct me if im wrong,,,,,,so i can learn :)

1120ok January 25, 2012 at 1:00 pm

As usual, your outlook is always welcomed.  Thanks.

maximumvalues January 25, 2012 at 1:03 pm

Timmy is saying the same thing Bernanke said just before Lehman collapsed LOL. so who is going to blow up next? can we believe anything these clowns say. CEOs are all bearish and there is TIMMY .. all is good in la la land!

maximumvalues January 25, 2012 at 1:53 pm

d7, the volume today was suspect .. it loomed large like a massive stick save. something fishy here. dont think this will play out like we think … i can hear them on CNBC already. BACK2BACK bullish closing months.. we are all saved! is your gut telling you this? look at SRS today… most bizzare for just a pull back.

im going to tread lightly and hold mostly a neutral position through month end. toooooo creeped out by the manipulation.

madphat7 January 25, 2012 at 2:23 pm

thank you for the charts and thank your friend for his service in the marines

JakeBlues68 January 25, 2012 at 2:41 pm

Thanks for everything you guys do. I look forward to watching this video every day.

keitheeds January 25, 2012 at 3:14 pm

d7 - help – a day trading account recommendation

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