Comments on: No Doubt About It Being A Great Day But Before You Get Too Excited Study Your History About Bear Market FOMC Meeting Rallies. They Are Always Big But As 2000-2002 Taught Us Be Very Careful About Believing In Them. http://www.bigwavetrading.net/no-doubt-about-it-being-a-great-day-but-before-you-get-too-excited-study-your-history-about-bear-market-fomc-meeting-rallies-they-are-always-big-but-as-2000-2002-taught-us-be-very-careful-about-belie/ Free stock market trading commentary by Joshua Hayes Sat, 24 Jul 2010 23:18:27 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Joshua Hayes http://www.bigwavetrading.net/no-doubt-about-it-being-a-great-day-but-before-you-get-too-excited-study-your-history-about-bear-market-fomc-meeting-rallies-they-are-always-big-but-as-2000-2002-taught-us-be-very-careful-about-belie/comment-page-1/#comment-1965 Joshua Hayes Tue, 05 Aug 2008 22:54:20 +0000 http://www.bigwavetrading.net/no-doubt-about-it-being-a-great-day-but-before-you-get-too-excited-study-your-history-about-bear-market-fomc-meeting-rallies-they-are-always-big-but-as-2000-2002-taught-us-be-very-careful-about-belie/#comment-1965 It was good, the volume is better, But where are the massive volume on these rallies...oh yeah and why was the BEST leading sector of the top five only with a C+ range (retail-discount) I'll tell you why...because it is a strong bear market bounce. I will play it and already have with a couple of winners. But i have to admit, once again, I am not making a lot of money because the volatility even though it doesn't show up in the VIX is killing me. If I can get some more charts like my near-perfect beauty with CANSLIM, then I can load up and feel safe thata we can go 200% to 500% long if you like. Right now the OOMPH is not there. TRUST ME. It amy be later but RIGHT NOW it is not. A great day but you need some follow through to trust anything that is below the 50 DMA like the indexes. It was good, the volume is better, But where are the massive volume on these rallies…oh yeah and why was the BEST leading sector of the top five only with a C+ range (retail-discount)

I’ll tell you why…because it is a strong bear market bounce.

I will play it and already have with a couple of winners. But i have to admit, once again, I am not making a lot of money because the volatility even though it doesn’t show up in the VIX is killing me.

If I can get some more charts like my near-perfect beauty with CANSLIM, then I can load up and feel safe thata we can go 200% to 500% long if you like.

Right now the OOMPH is not there. TRUST ME. It amy be later but RIGHT NOW it is not.

A great day but you need some follow through to trust anything that is below the 50 DMA like the indexes.

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