Comments on: Stock market internals – further headway in 2009?

By: Ho Ho…Hum! — But As For Me

Ho Ho…Hum! — But As For Me — Thu, 22 Jan 2009 16:56:50 +0000

[...] Market internals – further headway in 2009? » Investment Postcards … [...]

By: Frank W

Frank W — Sat, 03 Jan 2009 01:50:09 +0000

I think the Selling Pressure Index has been subsiding, because hedge funds do not want to sell at lower levels, but previously there has been selling at 9000. I am not comfortable with the 50-day moving average. It seems too short. I think it is better to focus on the 200-day one, which is considered to be a surrogate for the long-term trend. Of course, this advice is irrelevant for traders.

By: Mike Rowan

Mike Rowan — Thu, 01 Jan 2009 16:57:53 +0000

Great site!!! I love the perspective from Cape Town!!!

Would you ever want to write anything for my site at http://www.erollover.com?

By: Frank

Frank — Thu, 01 Jan 2009 04:53:21 +0000

Thanks for all the useful information you share every week……It is very helpful……..Have a Happy, Healthy, and Prosperous New Year………..FL

By: Eduardo Mirahyes

Eduardo Mirahyes — Thu, 01 Jan 2009 04:10:15 +0000

We should be dropping from the peak on Dec 30th to complete the transition to the upside, for roughly another 2 weeks or so. The upside blast off should coincide with the inauguration of Predient Obama. This is the mother of all rallies!

http://www.exceptional-bear.com

By: Tom Chechatka

Tom Chechatka — Thu, 01 Jan 2009 00:19:07 +0000

Given marked improvements in underlying technicals, not only do internals “need to make further headway,” but, in fact, you might say there exists overhead room for such further improvements to be made.

Investor confidence might likely “remain reticent.” Yet this does not preclude the possibility of a major short squeeze. This probably is the greater danger here because it could be wrongly perceived as meaning the worst has passed and all is well.

You do well centering your analysis on signs revealing whether “an overall bull market [might be gaining] traction.” I share your caution (although I suspect the final two days’ trading in ’08 portend a positive start to ’09 … possibly more dynamic than most imagine right now).

By: Bob

Bob — Wed, 31 Dec 2008 13:34:20 +0000

Great, keep it up.

bob

By: PostOnFire.com

PostOnFire.com — Wed, 31 Dec 2008 12:01:29 +0000

Stock market internals – further headway in ’09?…

Ushering in the new year, investors will not only be hung over from 2008’s financial rout, but also still be grappling with the vital question: What is the most likely direction of the stock market? Breadth indicators are useful tools to assess how t…