No more pull backs
#1
Posted 02 February 2007 - 10:19 AM
#2
Posted 02 February 2007 - 10:23 AM
I think we are entering a stage of straight up action when the most downside will be 5 S&P points intraday. Internals have been so strong that I don't see how prices can decline.
Next stop is all time highs on S&P.
Since we had a pull back this morning, I am long. This time I am not going to get stopped out or scared out of my position.
Denleo
Care here. Internals at extremes tend to mean revert.
#3
Posted 02 February 2007 - 10:28 AM
Be Sure to Perform Your Own Due Diligence
#4
Posted 02 February 2007 - 10:53 AM
if the spx tops out today in the IT timeframe, the perma-bears are going to have a field day with this line.I think we are entering a stage of straight up action when the most downside will be 5 S&P points intraday.
#5
Posted 02 February 2007 - 11:32 AM
Mark S Young
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#6
Posted 02 February 2007 - 12:06 PM
#7
Posted 02 February 2007 - 12:22 PM