28 replies to this topic

[rkd80]

Teaparty, I agree with both of your comments on S&P and NASDAQ.

Market is getting weaker, but so far bears have not proved anything. I will remain flat.

Denleo

At which point can one safely rule out new highs?

You'll never find a point....we WILL take out 1575 spx eventually..

cheif, is that you?

[espresso]

Teaparty, I agree with both of your comments on S&P and NASDAQ.

Market is getting weaker, but so far bears have not proved anything. I will remain flat.

Denleo

At which point can one safely rule out new highs?

Simple, a close under supports above mentioned then you can play the highs.
Ndx is the beast here with aapl the most manipulated large cap in the world, never be too sure of TA on ndx...

[eminimee]

Teaparty, I agree with both of your comments on S&P and NASDAQ.

Market is getting weaker, but so far bears have not proved anything. I will remain flat.

Denleo

At which point can one safely rule out new highs?

You'll never find a point....we WILL take out 1575 spx eventually..

cheif, is that you?

What...do you think we'll NEVER take out the highs on spx??

[rkd80]

Teaparty, I agree with both of your comments on S&P and NASDAQ.

Market is getting weaker, but so far bears have not proved anything. I will remain flat.

Denleo

At which point can one safely rule out new highs?

You'll never find a point....we WILL take out 1575 spx eventually..

cheif, is that you?

What...do you think we'll NEVER take out the highs on spx??

Of course we will, but I am more interested in the next few weeks/months then lets say....3-4 years. Figured you are too.

[tommyt]

the ST hurdle for the bears:

spy

[eminimee]

Teaparty, I agree with both of your comments on S&P and NASDAQ.

Market is getting weaker, but so far bears have not proved anything. I will remain flat.

Denleo

At which point can one safely rule out new highs?

You'll never find a point....we WILL take out 1575 spx eventually..

cheif, is that you?

What...do you think we'll NEVER take out the highs on spx??

Of course we will, but I am more interested in the next few weeks/months then lets say....3-4 years. Figured you are too.

..ahhhhh....then you had better be more explicit ...I'm just yanking your chain...to your point...my number in the short term to indicate this top is "IN"....would be oex 420..but if you think there is a "no return magic number"...forget it..

Edited by Teaparty, 03 June 2009 - 02:10 PM.

[tommyt]

Tea, your entry was good again!

[Russ]

Warning Warning Will Robinson... approaching H1's 'I don't give a ratz [bleeep] what the XMI is doing' line.

[4awhile]

Warning Warning Will Robinson... approaching H1's 'I don't give a ratz [bleeep] what the XMI is doing' line.

Looks like a nice ABC-X-ABC running correction, no?