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As the cheif would say...


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#1 SemiBizz

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Posted 06 July 2007 - 09:21 AM

It looks like today THE BLOWOFF of all times is shaping UP.... they drained the selling pressure on the open, as usual... nothing but blue skies ahead. You can stay long until you see the $XAU (ignore the price of gold) falter, that will be the first sign that this is going to subside...

Edited by SemiBizz, 06 July 2007 - 09:21 AM.

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#2 da_cheif

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Posted 06 July 2007 - 09:24 AM

>THE BLOWOFF <?????...LOLOL.....that implies a top......forgetaboudit......snort

#3 denleo

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Posted 06 July 2007 - 09:32 AM

Straight Up from here. I would not pay attention to XAU or anything else for that matter. Crude Oil is up. Interest rates are up. Stocks are following. Denleo

#4 SemiBizz

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Posted 06 July 2007 - 09:37 AM

OK, we got the cheif and Dennis down for NO TOP, NO STOP... anybody else want to sign up for that? NOT ME :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

#5 thespookyone

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Posted 06 July 2007 - 09:46 AM

Just wondering, semi, as busllish as you seem-what are you long?

#6 qqqqtrdr

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Posted 06 July 2007 - 09:48 AM

Straight Up from here.

I would not pay attention to XAU or anything else for that matter.

Crude Oil is up. Interest rates are up. Stocks are following.

Denleo


I can only say that straight up from here will generate a sell signal on NASDAQ at these levels a slow rise up is what I think will happen. This would be around 10-15 points a day on NASDAQ.


Barry

#7 nimblebear

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Posted 06 July 2007 - 09:57 AM

Straight Up from here.

I would not pay attention to XAU or anything else for that matter.

Crude Oil is up. Interest rates are up. Stocks are following.

Denleo


And the dollar is now heading back down ! :D
OTIS.

#8 SemiBizz

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Posted 06 July 2007 - 10:01 AM

Got Shorts? :lol: Seriously though, there's no economic reports of any consequence now til Next Friday's U Mich Consumer Crankiness report... nothing to stop this. YET>>>>>>>>



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Edited by SemiBizz, 06 July 2007 - 10:03 AM.

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

#9 diogenes227

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Posted 06 July 2007 - 10:16 AM

CONGRATS, SEMIBIZZ, ON THIS SPLENDID WEEK! On the Gold Board, SA is up approximately 22 percent, MDG is up 13 percent, AEM is up 12 percent, NAK is up 10 percent. Elsewhere, RIMM is up 32 percent, BIDU is up 17 percent, FSLR up 12, TNH up 11, PCU up 10, FWLT up 9, EQUIX up 9, FLR up 9, LEAP up 9 and last but not least, AAPL up close to 9 percent. As the Prince would say: "Party like it's 1999". Cuz is ain't 2000 yet.

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

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"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#10 da_cheif

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Posted 06 July 2007 - 10:26 AM

CONGRATS, SEMIBIZZ, ON THIS SPLENDID WEEK!

On the Gold Board, SA is up approximately 22 percent, MDG is up 13 percent, AEM is up 12 percent, NAK is up 10 percent.

Elsewhere, RIMM is up 32 percent, BIDU is up 17 percent, FSLR up 12, TNH up 11, PCU up 10, FWLT up 9, EQUIX up 9, FLR up 9, LEAP up 9 and last but not least, AAPL up close to 9 percent.

As the Prince would say: "Party like it's 1999". Cuz is ain't 2000 yet.


the party is starting like december 1987