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#1 Vector

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Posted 12 January 2007 - 04:43 PM

...it looks like indeed the long term trend of the market is up, not down...contrary to what most bullishly-challenged people think :lol:

Edited by Vector, 12 January 2007 - 04:44 PM.


#2 fib_1618

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Posted 12 January 2007 - 05:34 PM

The problem was that many were proclaiming "trend", but there wasn't anything concrete to confirm such a notion. Fib

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#3 Alton

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Posted 12 January 2007 - 08:25 PM

It does seem to keep going up, doesn't it?

Has this tape been painted? During the regular session, the highest SPY price seemed to be a very adequate 143.07 which posted near the close of 143.04. The official closing price is listed as 143.24. I understand the ETF may have somewhat different trading schedule, but according to the following link, the superlative price was posted in three trades at 4:15, and was eleven cents above the prior trade. :blink:

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What's happening here? – Alton 1-12-2007

#4 Vector

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Posted 12 January 2007 - 08:56 PM

even the 2000-2002 pullback is slowly becoming dwarfed in comparison to the rally that has occurred since its demise.

http://bigcharts.mar...i...1&rand=6166

leaving the bullishly-challenged in the dust once again.

Like I said back in 2003, this is going to go on for a very long time and most will miss most of it. zzzzzzzzzzzz

Edited by Vector, 12 January 2007 - 08:58 PM.