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JEOPARDY champ tops $1m, in other news: SPX, NASDAQ new historical highs!


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#1 dTraderB

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Posted 24 April 2019 - 06:49 AM

Best thing on TV is the amazing winning streak on JEOPARDY. 

 

But, no denying the bulls the historic highs achievement. It was slow, grinding, low volume, but 

it was a historic rally since last December and it could go on for another 2 to 3 %. However, all good things come to 

an end, with a bang and not a whimper, so expect a blow-off soon. 

 

Bears should either get out of the way and wait for the best opportunity to sell ... or trade the trend ST and  against it IT or LT if 

you are psychologically capable of doing it....

 

As for volume, it may be important but PRICE is way way more important than any indicator; second is SENTIMENT.

 

Helene Meisler @hmeisler
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Guys, volume does matter. But not the way everyone thinks. It has always gone down on rallies and up on declines. Please stop all the fussing that it's bearish.

9:00 AM - 23 Apr 2019

 

http://www.espn.com/...n-second-top-1m



#2 12SPX

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Posted 24 April 2019 - 07:30 AM

Best thing on TV is the amazing winning streak on JEOPARDY. 

 

But, no denying the bulls the historic highs achievement. It was slow, grinding, low volume, but 

it was a historic rally since last December and it could go on for another 2 to 3 %. However, all good things come to 

an end, with a bang and not a whimper, so expect a blow-off soon. 

 

Bears should either get out of the way and wait for the best opportunity to sell ... or trade the trend ST and  against it IT or LT if 

you are psychologically capable of doing it....

 

As for volume, it may be important but PRICE is way way more important than any indicator; second is SENTIMENT.

 

Helene Meisler‏ @hmeisler
FollowFollow @hmeisler
More

Guys, volume does matter. But not the way everyone thinks. It has always gone down on rallies and up on declines. Please stop all the fussing that it's bearish.

9:00 AM - 23 Apr 2019

 

http://www.espn.com/...n-second-top-1m

Volume does matter when your retesting old highs in my view.  Short and long term you have been able to see it over the decades, not always but lots of times.  Its yet to be seen if this one matters or not, my worry is there is getting to be too many people expecting to see 3000 tomorrow on the S&P!