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Stocks Put In A Weird Session As It Was Bullish Overall But Bearish Intraday; Nasdaq Closes Lower Than Where It Opens

by Big Wave Trader | Jul 31, 2009

I had a few Internet problems today during the market hours and therefore took a detour on some other projects so I apologize for the brevity in my market analysis. The truth is that I continue to have the same problem I have been discussing for a while now. When...

It Sure Is Nice To See The Market Take A Breather On Mixed Volume; Pullbacks Create Proper And Beautiful Bases

by Big Wave Trader | Jul 29, 2009

The SP-500 and the Nasdaq both pulled back today but volume was heavier on the SP-500. While that might seem bearish, and technically it is a distro day again, to the trained eye is actually another bullish intraday session. Once again, the SP500 pulled back intraday...

Another Very Mellow Intraday Session Ends With Indexes Mixed On Higher Volume; Volume Continues To Be Below Average To Average

by Big Wave Trader | Jul 28, 2009

I tell you what when the market doesn’t move much intraday for a long period of time it sure does get more difficult to decide what you want to talk about. However, I really don’t think that there is much you can talk about except for one thing: for a...

Constant Below Average Volume Gains Are Leading To Some Winners To Crash Hard (ie…COT); The Leading IBD Indexes Pullback, Hinting At A Tired Market

by Big Wave Trader | Jul 27, 2009

FREE YouTube Video to teach you how to interpret the market CORRECTLY: I think my video says everything that needs to be said about this market. 🙂 Subscribers, as you can see, once again, the FULL website is updated. It feels GREAT to be back!!!! 🙂 Thank God I am back...

Another Bullish Week Ends With A Mixed Close With Big Caps Leading; IBD And NYSE Indexes Lead

by Big Wave Trader | Jul 26, 2009

I have to admit, even though the market continues to rise without helping us out by creating nice proper bases, the daytraders are still having a ton of fun. If you like to watch the market intraday (or have time to do this) you are probably doing very well (if you...
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