http://stockcharts.com/c-sc/sc?s=$OEX:$SPX&p=D&yr=3&mn=11&dy=0&i=p99326370403&a=99886703&r=5754.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1987-01-01&en=2007-12-31&i=p36430880995&a=68755843&r=1079.png
I'm ultra bullish
Started by
eminimee
, Aug 16 2007 08:59 AM
5 replies to this topic
#1
Posted 16 August 2007 - 08:59 AM
#2
Posted 16 August 2007 - 09:03 AM
this is an interesting market.
we are slicing through multi-year TLs & support areas like a knife through butter.
rare to see fear & panic trump indicators so handily...
#3
Posted 16 August 2007 - 09:08 AM
All i see is a massive double top......2000 and 2007...
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#4
Posted 16 August 2007 - 09:14 AM
I'll start thinking I'm wrong below 1360...otherwise....I think most won't believe the speed and magnitude of the move coming out of this bottom.
#5
Posted 16 August 2007 - 09:24 AM
Bear markets had ultra sharp rallies but they were short in duration....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#6
Posted 16 August 2007 - 09:36 AM
What ever...you have an opinion and I have mine....I know when I'll be wrong....do you?
PS: trying a long at 91...stop at 88.50..another BP
Edited by Teaparty, 16 August 2007 - 09:37 AM.