3 replies to this topic

[SemiBizz]

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



First 1/4/01... 2644.80.... should get a good retracement and then 1/11/01....2661.93

[SemiBizz]

If we do get a retracement here's what it could look like (round numbers) A - 2590 ................................37 pts B - 2627 C - 2608 (.50 approx) ................................37pts D - 2645

[Jnavin]

Semi, on Friday you posted that this week would have so little volume and that with so many on vacation, that we would be unable to draw conclusions from the trading. Now, I see you posting decisive conclusions. I'm confused. Is this a week of light volume and therefore, little useful information -- or is it a week where we can see something useful?

[SemiBizz]

Not sure what you are referring to, but this is from Thursday....
http://www.traders-t...?...ic=72167=

UP UP and AWAY...
Basically - A war on Bears...
By the time next week ends, the bears will be like smokers... outlawed from bearishness in public places like restaurants and bars, eventually even on the street.
Shorting will be looked down upon as an Addiction and the bears as addicts..

Gawd, do I dare give a target?

Right now the SOXX is sending advance notice of a coming retracement/consolidation... the two logical points are the old high (2634) and 1/4/01 (2644) j The retracements are fast and furious in a FAST UPTREND market like this one... those are the setups I am looking for....

Edited by SemiBizz, 02 July 2007 - 12:57 PM.