15 replies to this topic

[arbman]

Like to see over 100M for that. We'll get it tomorrow.

So you think it will break out huge tomorrow?

Edited by kisacik, 19 July 2007 - 01:27 PM.

[skyymaster]

I fly with an oxygen bottle myself... although I've been known to fly at 15,000 for a few minutes without one...

As for the market, as long as the Fed keeps on printing, that's all they think they need to hold it up. One thing that concerns me is Bernanke's statement yesterday that the "Fed will maintain a strong economy"... because that is NOT how it works... at all.

Since we have a trade deficit and can't really sell anything outside of the country anyway, the government will be this economy's biggest customer (buyer) and seller of IOU's. Heck, they got money to spend, burn. They will increase taxes to spend more money to keep this economy from going under. Then they will raise taxes again until the point where it will be like USSR used to be. No incentive to work. You get paid by the Government and give money back to them.

[SemiBizz]

Like to see over 100M for that. We'll get it tomorrow.

So you think it will break out huge tomorrow?

It's already a breakout on the weekly, unless MSFT is closed for trading tomorrow.

[espresso]

Eh eh, you like Msft yeah? Careful for tomorrow, i called the C&H last week when still was at 29.50! But it's a weekly one and takes time to unfold! jmho

[arbman]

I am trying to gauge whether it can lift up the entire market tomorrow... I have a feeling they will want to sell the news, it had a very good run, but then the trend is very sharply up so...

[relax]

Semi,what do you see happening tomorrow 2.751 should be near impossible, right with google and microsoft we will probably see today's gap fill, which IMO would signal that we are close to the top (maybe a run up to 2.730 next week) and that 2.892 can be ruled out cheers