U.F.O.
Have We Topped?
Started by
U.F.O.
, Feb 08 2007 11:09 PM
2 replies to this topic
#1
U.F.O.
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U.F.O.
Posted 08 February 2007 - 11:09 PM
"End of move" markets don't "quietly" acquiesce. Anyone remember March of 2000? If so, you also remember the rally ended with a flash....a gigantic upward surge that sucked in every available dollar and then puked. Are we seeing that kind of a top here? I don't think so. If I know anything, I know when I see a LT top. Not yet. I think we have too much liquidity to support even a medium term correction at this point. Just my humble opinion, of course. (5 charts)
U.F.O.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#2
redfoliage2
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Posted 09 February 2007 - 12:43 AM
No, not before it crashes.
#3
bobalou
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Posted 09 February 2007 - 06:47 AM
hi ufo. I think, I lossed my vhf charts?.well, any way,in the last view ,I came up w/ is we could have a high to put in, in a week w/ options exp.. then a good pull back for 5/6 wks,to the old highs ?.,more of an I T view.I'm w/ airdale's work, that is very good. we' ll see from there.I'm watching for 2150 de/ad.to go short.. keep up the good work. thx
