10 replies to this topic

[SemiBizz]

SPX is going to test the all time high 1552.87......

[hiker]

I know this FF board is about crystal balls. LOCM is making folks some money since last week. no crystal ball reqd so far. not trying to be smart, just a heads up followup since i posted this one Friday in the rising trender list. news today, follows news last week. some here say news is for chumps...the price of LOCM was about 5.65 to 5.80 when posted Friday the swing high may be in today,for now. LOCM +28.6% (announces that it has been awarded patent number 7,200,413 by the U.S. Patent and Trademark Office for the method of responding to enhanced directory assistance inquiries),

Edited by hiker, 02 July 2007 - 08:54 AM.

[da_cheif]

SPX is going to test the all time high 1552.87......

the march 2000 sp500 futures reached 1574

[SemiBizz]

Look Carefully at the monthly for June 2007.... HIGHER HIGH, HIGHER VOLUME.... and no retest of the previous month's low....on improved volume... that says we are going higher yet.;

[traderpaul]

Look Carefully at the monthly for June 2007.... HIGHER HIGH, HIGHER VOLUME.... and no retest of the previous month's low....on improved volume... that says we are going higher yet.;

SemiB, Ain't that how tops were made?......Lots of volume with no porgress in price?......Heavy churning action?

[SemiBizz]

Tops are made on upthrusts.... big new highs with light volume... that's what I expect.

Edited by SemiBizz, 02 July 2007 - 09:10 AM.

[SemiBizz]

The boyz aren't going to lose the handle here... this is easy money. There's no one around to stop it for at least a week. Might as well join in the Euphoria... and you can regard all pullbacks as:

[SemiBizz]

I think everyone should sit down with a chart and do the fibonacci work. This thing is moving like clockwork now to the upside...Until you see more than a .618 retracement, all this bear talk is just hooieeee.... If you want to bet on your beliefs about the market that's one thing, the market is perfectly efficient at sucking up the cash from the folks who think they "know" something. I guess the perfect example would be the builders, they should have been absolutely decimated back in the Fall... market projects forward...right? Well you could have been right about the builders, they are all close to bankrupt aren't they? But if you bet the farm back in the fall you are left with an outhouse..... And more than a .618 R is not good enough, because you need VOLUME, which will not be forthcoming...

Edited by SemiBizz, 02 July 2007 - 09:58 AM.

[traderpaul]

Pull out the chart of HOV.....What am i missing on the upside?

[SemiBizz]

If you bet the Farm in the fall... you were down 20% by February...



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



And we still haven't broken these lows here... so there's still time to short it... should you be so inclined...