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#1 Rogerdodger

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Posted 02 July 2007 - 10:49 AM

It was nice to buy Friday's close based on this chart and sentiment.
Even I am amazed! They must have this thing on auto pilot.
Bears are trapped and won't be let out easily. Too many of em Friday.

Mike Burk said that this is one of the strongest weeks in the 3rd year of the Presidential cycle.
The sentiment going into to today was almost EXACT to the May bottom.
The one difference now: overhead resistance.
Oh yeah, I almost forgot: THE MOON. we are heading into the 3rd quarter moon July 7th, which is often near lows.

I predict a flat day Wednesday. :P


http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p51570748413&a=95529637&r=5343.png

Edited by Rogerdodger, 02 July 2007 - 10:52 AM.


#2 esther231

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Posted 02 July 2007 - 12:01 PM

My FF is for fireworks on Wednesday. :lol:
When I see an adult on a bicycle, I no longer despair for the future of the human race. ~H.G. Wells

#3 da_cheif

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Posted 02 July 2007 - 12:17 PM

It was nice to buy Friday's close based on this chart and sentiment.
Even I am amazed! They must have this thing on auto pilot.
Bears are trapped and won't be let out easily. Too many of em Friday.

Mike Burk said that this is one of the strongest weeks in the 3rd year of the Presidential cycle.
The sentiment going into to today was almost EXACT to the May bottom.
The one difference now: overhead resistance.
Oh yeah, I almost forgot: THE MOON. we are heading into the 3rd quarter moon July 7th, which is often near lows.

I predict a flat day Wednesday. :P


http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p51570748413&a=95529637&r=5343.png

if you can put up a daily chart of the morgan stan cyclical index.........looks ripe for a breakout.....

#4 Rogerdodger

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Posted 02 July 2007 - 01:59 PM

Fireworks? :lol:

http://stockcharts.com/c-sc/sc?s=$CYC&p=D&b=3&g=0&i=p41261564129&r=1300.png

#5 vitaminm

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Posted 02 July 2007 - 02:25 PM

IYC 60min buy..........R 71 1/2 daily/wkly sell S 65 1/2
vitaminm