KO
koolblue
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Posts: 16,032
Hope everyone is having a great holiday! The markets sure are. I see my 891 was finally achieved last nite. Next higher projection would be the daily projection around 904.50-905.50.
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koolblue
Rep: 48,651
Posts: 16,032
yeah, nice chart,VO! Hey i think im getting 874.00 again!... see 7:26 post!
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koolblue
Rep: 48,651
Posts: 16,032
yup, and now the 5 min saying similar area. That kind of intrachart confirmation is what i always look for. The market is an open book ,constantly telling us what it 'wants' to do. We just have to learn to read...LOL
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koolblue
Rep: 48,651
Posts: 16,032
You know Vo, when we went to 740 and suddenly, analysts and even some on this forum began talking about 600 s&p i knew that we were likely close to a good bottom. Now im hereing 1000, and 1100 numbers being thrown around and its likely the market will dissapoint again! we may go there, but not till a good (closing ticks) decline first.
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VOwater
Rep: 133
Posts: 4,121
did you get a chance to squeeze any off yest. morning?...I got 1 real small winner just to be able to say I was profitable
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koolblue
Rep: 48,651
Posts: 16,032
SAME here i saw the 860 a while ago. Also , on the longer term its hard to believe we can mount a powerful, long lasting rally till the pressure from the 120 day(already turning down) and the 45 day(should flatten out ready to turn down by wed) wreck their havoc mid Jan.
