I know guys.
Volume could be better. I agree.
Strange action. But not bearish yet.
I sold a little. took profits. You present good arguments.
Denleo
You're the best
Posted 03 April 2007 - 03:02 PM
I know guys.
Volume could be better. I agree.
Strange action. But not bearish yet.
I sold a little. took profits. You present good arguments.
Denleo
Posted 03 April 2007 - 03:28 PM
Totally agree, semi-there is NO fist in this glove-well put. I know volume doesn't matter to the permabulls here, but it still matters to me. Entry points matter to me, as well, is there a worse entry long than a non tested 1440 SPX? I also feel we take the stairs up-but the elevator down.Here we are back at the flat line on the Qs and Nasdaq. There's no fist in the glove. We are pushing a truck up the hill with a shoestring. It won't take any 2 days to get back to the low this time when it fails... won't take much time at all, since we've been here and done that....
If you can find someone to buy 100M shares in the next hour, that would take it over the hump...
http://bigcharts.mar...&mocktick=1.gif
They are down to the last 20 minutes here to get this pup up and out today. Who knows maybe we'll get the hostages released, have Osama turn himself in down at the White House, and peace declared in Iraq overnight? Whatever it is, it's going to take one heck of a lot of volume to get over that hump and have any hopes of sticking there...