Dow is up 100 and breadth is slightly positive. You don't see it every day. I expected breadth to be negative on a Dow rally just like it should be and has been over the last few week.
Denleo
All those who think....
Started by
NAV
, Jul 23 2007 12:16 PM
39 replies to this topic
#12
NAV
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Posted 23 July 2007 - 01:03 PM
We finish red, or up less than half this much. Don't like the SOX lagging the Q's here.
I love when the DOW or SPX leads. I hate when the Nasdaq leads. I hate it even more when the SOX leads. This BULL market has been about the DOW. Until this point gets widespread recognition, the BULL will keep charging higher. SOX and Nasdaq died in 2000. They are now unwilling slaves to the DOW.
#13
Drano
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Posted 23 July 2007 - 01:09 PM
Gee, I do like it.Don't like the SOX lagging the Q's here.
But then again, I bought QID this morning.
#14
NAV
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Posted 23 July 2007 - 01:19 PM
Gee, I do like it.Don't like the SOX lagging the Q's here.
But then again, I bought QID this morning.
You may not like it at the EOD. No QIDding
#15
Drano
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Posted 23 July 2007 - 01:26 PM
Tight stop.
Gee, I do like it.Don't like the SOX lagging the Q's here.
But then again, I bought QID this morning.
You may not like it at the EOD. No QIDding
#16
arbman
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Posted 23 July 2007 - 01:30 PM
It is a slow rise and a slow decline, trendless for now, only intraday scalps. The market is confused, it is trying to sort out how much overhead supply there is, the participants are generally bullish, imho...
#17
NAV
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Posted 23 July 2007 - 01:41 PM
It is a slow rise and a slow decline, trendless for now, only intraday scalps. The market is confused, it is trying to sort out how much overhead supply there is, the participants are generally bullish, imho...
The market is not confused. The participants are. The market is nicely trending in a series of 1s and 2s to the upside.
#18
arbman
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Posted 23 July 2007 - 01:54 PM
If SPX (cash) can not go above 1545, even 1550, the second round down to 1540 area will not hold...
Edited by kisacik, 23 July 2007 - 01:55 PM.
#19
denleo
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Posted 23 July 2007 - 01:58 PM
NAV, maybe the market is trending, but NASDAQ and Russell are below today's open. SPX is about unchanged (from the open). I would like to see it trend, but what the heck kind of a trend is that?
Denleo
#20
Pabst
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Posted 23 July 2007 - 02:09 PM
We finish red, or up less than half this much. Don't like the SOX lagging the Q's here.
I love when the DOW or SPX leads. I hate when the Nasdaq leads. I hate it even more when the SOX leads. This BULL market has been about the DOW. Until this point gets widespread recognition, the BULL will keep charging higher. SOX and Nasdaq died in 2000. They are now unwilling slaves to the DOW.
The boyz can't distribute by pumping up an index (SOX) no one's heard of....
They tried to get the semi's some name rec by fixing Beantown and Chitown world series wins but even still, no one cares about tech.
Free market's for free men!
