5 replies to this topic

[denleo]

This will be my last post for a few months. There is nothing to do in the market right now, but to sit tight, be fully long and wait for march 2000 highs on SPX. 100 points on the upside is pretty much guaranteed. Why? Because if there is a hint that I could be wrong, the FED will bail me out. I will post my exit in a few months at 1550 or so. Denleo

[GOOSE2]

This will be my last post for a few months. There is nothing to do in the market right now, but to sit tight, be fully long and wait for march 2000 highs on SPX.

100 points on the upside is pretty much guaranteed. Why? Because if there is a hint that I could be wrong, the FED will bail me out.

I will post my exit in a few months at 1550 or so.

Denleo

Bears get crushed, everybody gets bullish = a decline for a few days. Same game nothing has changed.

[arbman]

Denleo, where is the volume? If there is so much money out there, I don't see it at the moment. IMHO, if you do not close this position by early April, you will close for a loss in May! This move crushed the last bears out there, I think the market is finally reaching to an euphoria from here. If I stand correct with my earlier prediction, this is a very left translated 20 wk cycle low, the entire thrust up will be over within a week or two... - kisa

[Spectacular Bid]

Although I agree with you, you could probably wait a few weeks till taking your hiatus. Volatility should be good enough for you to make a few well timed trades before the market settles down.

This will be my last post for a few months. There is nothing to do in the market right now, but to sit tight, be fully long and wait for march 2000 highs on SPX.

100 points on the upside is pretty much guaranteed. Why? Because if there is a hint that I could be wrong, the FED will bail me out.

I will post my exit in a few months at 1550 or so.

Denleo

[Bandit]

This will be my last post for a few months. There is nothing to do in the market right now, but to sit tight, be fully long and wait for march 2000 highs on SPX.

100 points on the upside is pretty much guaranteed. Why? Because if there is a hint that I could be wrong, the FED will bail me out.

I will post my exit in a few months at 1550 or so.

Denleo

I'll miss your informative post-- Even if you have nothing to say. Post no change in target when &
if you can!!

Thanks- Bandit

[fib_1618]

where is the volume? If there is so much money out there, I don't see it at the moment

I guess it all depends on where you look?

Fib

http://stockcharts.com/c-sc/sc?s=$NYUD&p=D&st=2006-06-01&i=p95378177609&a=32225421&r=253.png

http://stockcharts.com/c-sc/sc?s=$NAUD&p=D&st=2006-06-01&i=p82640093498&a=32225643&r=222.png