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"Buy the Dip, Stupid" Continued...


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#1 SemiBizz

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Posted 05 November 2007 - 10:29 AM

Too many scared, hedging bulls and confident bears for this market to go down. They get the bears salivating on Sunday nights with those deep declines in Asia and the futures and then it's GAME ON, not GAME OVER on Monday.
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Volume is the only vote that matters... the ultimate sentiment poll.

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#2 SemiBizz

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Posted 05 November 2007 - 10:52 AM

Posted Image



REPEAT AS NEEDED...... :lol: :lol: :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

#3 ogm

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Posted 05 November 2007 - 10:55 AM

Feels like we're rallying, considering we bounced from the mrning lows, doesn't it ? Feels like the market is up, doesn't it ? :) Funny how it works :)

Edited by ogm, 05 November 2007 - 10:55 AM.


#4 SemiBizz

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Posted 05 November 2007 - 11:44 AM

Well, this is not the End-of-the-World Volume going on today... In the end game this is all about ACCEPTANCE, the same thing behind paper money. The folks that want the market up seem to be having their way... of course they have the 3 C's behind them... Capital, Computers and Connections. Everyone in the whole World knows the ugly-and-getting-uglier truth... so - Why aren't C and MER trading in the pink sheets under $1? Sure looks to me like the market has "accepted" the news and now we move on to the next part of the game... CSCO Earnings. My take is they BUY THE MYSTERY. I plan on SELLING THE HISTORY. Until then, enjoy your rally... 2892.35 is my target...
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 SemiBizz

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Posted 05 November 2007 - 03:29 PM

Well.. bullish spring off the test of 2773 on the daily, that's what caused this.... I sure hope we don't have a bunch of doubters when we make a new Nasdaq high tomorrow or Wednesday... I need bulls here.
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