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BOP, SPX, & My Thoughts


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#1 mss

mss

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Posted 10 March 2007 - 12:41 PM

:)
I may be too concerned about current price action in relation to the money flow, BOP, but there are some things that are not adding up in my estimation.
The charts below have notes, and take a close look at the second chart as to price vs. BOP action now and during the May-July'06 period.

IMVHO, we get another bounce (1417-1421), a decline (1395-1381) and the last rise, (1431-1446).

If the decline comes first and 1381 does not hold, 1359-1356 is next.

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I could be wrong, :blush: but today this is what I see. Might change my mind after Monday. B)
Comments welcomed.
mss
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#2 voy

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Posted 10 March 2007 - 03:13 PM

Thanks mss. I'm pretty much a lurker here, but I always get something from your posts. Joe

#3 mss

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Posted 12 March 2007 - 04:09 PM

:)
I may be too concerned about current price action in relation to the money flow, BOP, but there are some things that are not adding up in my estimation.
The charts below have notes, and take a close look at the second chart as to price vs. BOP action now and during the May-July'06 period.

IMVHO, we get another bounce (1417-1421), a decline (1395-1381) and the last rise, (1431-1446).

If the decline comes first and 1381 does not hold, 1359-1356 is next.

I could be wrong, :blush: but today this is what I see. Might change my mind after Monday. B)
Comments welcomed.
mss

:D Not changing my mind, ..............yet B)
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:cat:

Edited by mss, 12 March 2007 - 04:11 PM.

WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!