CSCO
RIMM
AAPL
GOOG
And INTC
Breadth is barely 1.5:1 on nasdaq, negative on NYSE.
I think most of us were looking for this.. the rise of index by weighing of few participants. I didn't think we'd get it so soon...
I was expecting some down and a rise on such breadth, but we're getting it all in 2 days, sheesh.
NDX up almost 2% mostly on
Started by
dcengr
, Jan 04 2007 03:18 PM
4 replies to this topic
#1
dcengr
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Posted 04 January 2007 - 03:18 PM
Qui custodiet ipsos custodes?
#2
CLK
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Posted 04 January 2007 - 03:57 PM
I'm very disapointed how easily they ran RIMM all the way back up in
only two days, after the damage that had been done.
It's hard to hold shorts in this market, maybe that will change and can hold them
an extra day or two.
#3
dcengr
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Member
Posted 04 January 2007 - 04:04 PM
I'm very disapointed how easily they ran RIMM all the way back up in
only two days, after the damage that had been done.
It's hard to hold shorts in this market, maybe that will change and can hold them
an extra day or two.
Volatility is going up.. I think tomorrow will be a doji type day. But I figure its going to retrace it all within a week.
Still, I think all this action is confusing people, me included
Qui custodiet ipsos custodes?
#4
arbman
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Quant
Posted 04 January 2007 - 07:04 PM
You will be surprised how much they can pull and push a few until it breaks... longer than many bears will be able to bear for sure and suck in more and more bulls...
#5
dcengr
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Member
Posted 04 January 2007 - 07:15 PM
You will be surprised how much they can pull and push a few until it breaks... longer than many bears will be able to bear for sure and suck in more and more bulls...
Thats what tops are all about. You need to be emotionally prepared big time for change in trend.
Qui custodiet ipsos custodes?
