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#1 Russ

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Posted 24 June 2007 - 12:15 AM

http://stockcharts.com/c-sc/sc?s=$NYSI&p=W&b=5&g=0&i=p77265518071&r=4363.png
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#2 arbman

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Posted 24 June 2007 - 01:58 AM

The hick up on May 2006 was worth about 30 SPX points. I think there is a hick up coming, can you hold your breath long enough?

#3 Russ

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Posted 24 June 2007 - 10:39 AM

The hick up on May 2006 was worth about 30 SPX points.
I think there is a hick up coming, can you hold your breath long enough?



I agree a short term bounce is quite possible, chart is for longer term.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#4 selecto

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Posted 24 June 2007 - 10:48 AM

As this stage in the NYSI cci cycle it has not bounced before, so there must be something else telling you guys that it will be different this time?

#5 Russ

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Posted 24 June 2007 - 10:53 AM

As this stage in the NYSI cci cycle it has not bounced before, so there must be something else telling you guys that it will be different this time?



Some short term oscillators are oversold and money flow too.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/