Positive breadth.
Positive AD line.
343 new highs on the NYSE
14 new lows.
"squaring up" of put call positions.
I don't see a collapse lurking just yet....
of course I could be wrong.. I've been wrong before.
A drop below 1440 SPX would make me sit up straight.
A drop below 1430 SPX would make me lean forward, and a drop below 1420 would clearly
cause a slide back to 1404. A drop below that, now that would be interesting.
But, as I say, I can't "see" that just yet.
In fact, I would be quite surprised if we didn't start racing higher, maybe pretty soon.
mm
Battle
Started by
maineman
, Feb 06 2007 10:18 AM
10 replies to this topic
#11
Posted 06 February 2007 - 04:14 PM