They are gonna fill the gaps above at 144 spy qqqq, etc
#1
Posted 14 January 2008 - 12:58 PM
Remember this day, men, for it will be yours for all time.
#2
Posted 14 January 2008 - 01:08 PM
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
Posted 14 January 2008 - 01:32 PM
SPX still has 1411 chicken bone stuck in throat at present... It can't get it spit out unless it gets over 1424.
Exactly, it appears to be consolidating here to move higher. My take is another gap tommorrow. They do not have the buyers like you said.
Remember this day, men, for it will be yours for all time.
#4
Posted 14 January 2008 - 03:07 PM
Edited by beta, 14 January 2008 - 03:11 PM.
#5
Posted 14 January 2008 - 03:34 PM
Possibly. But if this rally stops < 1432, I think we are completing a complex "4" and wave "5" down is yet to come (either later this week or next week), per blustar and Semi's earlier posts.
If we get > 1436 on this rally, then the "truncated fifth" outlined in last Friday's post may be in play, with an ABC up targeting 1450-1480 (minimum).
It will be interesting. I suspected surprise from Ben, but we got one from IBM. Now, let's see what other surprises they got. Maybe it will end with INTC reporting on big GAP up for that wave to start. This week for sure should let us know one way or the other.
Remember this day, men, for it will be yours for all time.










