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Drunk on Bull Juice? They are sooo Bullish here

Started by SemiBizz , May 16 2007 11:56 AM

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11 replies to this topic

#1 SemiBizz

Volume Dynamics Specialist

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Posted 16 May 2007 - 11:56 AM

We just rallied 250 pts off the March Low !! Here's a real fearless forecast for you. I forecast we'll get a normal, simple little.382 retracement on Nasdaq as low as 2484... and the whole board will turn bearish....

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

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#2 fib_1618

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Posted 16 May 2007 - 12:01 PM

I forecast we'll get a normal, simple little.382 retracement on Nasdaq as low as 2484...

Possible - as a new downside price objective of around the 2500 level was given yesterday by the NASDAQ breadth McClellan Oscillator.

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#3 SemiBizz

Volume Dynamics Specialist

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Posted 16 May 2007 - 12:11 PM

More on "Drunk on Bull Juice"

http://bigcharts.mar...&mocktick=1.gif

Hey anybody got anymore hot "takeover" rumors? That's what we need here to go higher, lies and deception... Now this, this truly indicative of a "Bull ****" Market...

Three weeks ago my gardener told me I had to buy some of this before it doubled again.

http://bigcharts.mar...&mocktick=1.gif

Edited by SemiBizz, 16 May 2007 - 12:15 PM.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics

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#4 fib_1618

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Posted 16 May 2007 - 12:18 PM

Three weeks ago my gardener told me I had to buy some of this before it doubled again.

Did you?

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions

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#5 ed rader

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2,390 posts

Posted 16 May 2007 - 12:48 PM

More on "Drunk on Bull Juice"

http://bigcharts.mar...&mocktick=1.gif

Hey anybody got anymore hot "takeover" rumors? That's what we need here to go higher, lies and deception... Now this, this truly indicative of a "Bull ****" Market...

Three weeks ago my gardener told me I had to buy some of this before it doubled again.

http://bigcharts.mar...&mocktick=1.gif

man i don't like the sound of "bull juice" and your gardener speaks english :lol:

!?!

ed rader

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"Everybody's got plans... until they get hit."

-- Mike Tyson

http://erader.zenfolio.com/

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#6 SemiBizz

Volume Dynamics Specialist

Traders-Talk User
23,208 posts

Posted 16 May 2007 - 12:51 PM

Oh yeah he spekee da engles... We all know the best source of information for stocks are gardeners... And if you want any information on growing roses, just talk to one of these brokers... They are experts on Roses :lol:

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics

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#7 arbman

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Posted 16 May 2007 - 01:27 PM

Just trading the swings, there is very good volatility...

@qckisa on twitter

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#8 OEXCHAOS

Mark S. Young

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22,025 posts

Posted 16 May 2007 - 02:53 PM

I noticed that the ES was showing Bullish volume patterns (as I interpret them, based upon how I may or may not have learned from Semi) since late yesterday. I had a borderline Sell, but I passed due to the volume. Mark

Mark S Young
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#9 SemiBizz

Volume Dynamics Specialist

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23,208 posts

Posted 16 May 2007 - 03:01 PM

As posted 2 1/2 hours ago in my blog: NASDAQ VOLUME DRYING UP And if there's no selling pressure then the boyz are going to mark. Per Bullish Spring. We could run to 2548 here on this light volume and still only be at a .50R....

Edited by SemiBizz, 16 May 2007 - 03:02 PM.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics