See if they can hold it......if so next stop all time high.
Sell in May and get your head handed to ya.....opps.
SPY takes out highest monthly close ever......
Started by
GOOSE2
, May 17 2007 02:11 PM
3 replies to this topic
#2
Mtrader
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Posted 17 May 2007 - 02:24 PM
It will go in the book that this saying is no longer true. I guess this new generation do not do vacations, so this no longer true.
You are on your own. This is for demonstration only.
JV
JV
#3
arbman
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Quant
Posted 17 May 2007 - 02:25 PM
Everybody is piling in, the equity P/C is under 0.5 again. This is a 5th wave ahead of the correction, the participants declare the market is invincible!!! 
The computers do not take vacation, btw...
The computers do not take vacation, btw...
Edited by kisacik, 17 May 2007 - 02:32 PM.
#4
thespookyone
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Posted 17 May 2007 - 03:32 PM
Everybody is piling in, the equity P/C is under 0.5 again. This is a 5th wave ahead of the correction, the participants declare the market is invincible!!!
The computers do not take vacation, btw...
It looks like 5 of 5 to me, the only question is where it finishes, and in fact, it may have allready. I never underestimate greed, though, and we may get one more SMALL push-that finishes in a creshendo of buying(bag filling).
Spooky
