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Dow up another 1000, 1500


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#1 nimblebear

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Posted 14 May 2007 - 08:46 AM

before any meaningful correction takes place. Just watching sentiment and Wong Kong. Thus blowing out any and all shorts.
OTIS.

#2 relax

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Posted 14 May 2007 - 09:20 AM

agree no crash is coming from this

today we go down - tomorrow up


before any meaningful correction takes place.

Just watching sentiment and Wong Kong.

Thus blowing out any and all shorts.



#3 Jnavin

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Posted 14 May 2007 - 11:10 AM

After an amazing 2.5% up on the Hang Seng, I would have expected much more than a mere 40 Dow points up this morning. In effect, it's a non-confirmation.

#4 thespookyone

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Posted 14 May 2007 - 11:48 AM

As long as adx, macd, and bolinger bands don't matter anymore-you are probably right on the money with that up another 1000 no correction call.

#5 tommyt

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Posted 14 May 2007 - 12:30 PM

what do you consider meaningful?

#6 Jnavin

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Posted 14 May 2007 - 03:42 PM

Much more than 20 points.