Birchtree
Well-known member
imported post
Biggdog 1,
I've been out catching peterheads tonight - they are everywhere - I actually think another just signed on - I'll be doing battle for days ducking shit balls.
Anyway, I spent most of the holiday viewing technical analysis graphs from a number of different sites and have arrived at the conclusion that we are on the cusp of an initial thrust upward very similar to March '03. I've been looking at some McClellan Oscillators and McClellan Summation Indexes. The majority of the indexes to include NYSE, NDX, SPX, OEX, are all near new recovery highs or are going to be testing their volume and breadth highs this week. The NYSE volume MCO went to a new recovery high last Friday. Waiting for the NYSE volume MCSUM to move above its zero line by mid week. This all very similar to the sequences that took place in 3/03. These are all internal observations not widely perceived by the general public. At this stage the risk is being out of the market - not in. You have to be in to win. This has the potential of being explosive, so I'm just sitting tight in my newly built Ark - just in case the flood waters arrive. Take care this could easily be a 1000 point run to the all time Dow high of 11,722.98.
Biggdog 1,
I've been out catching peterheads tonight - they are everywhere - I actually think another just signed on - I'll be doing battle for days ducking shit balls.
Anyway, I spent most of the holiday viewing technical analysis graphs from a number of different sites and have arrived at the conclusion that we are on the cusp of an initial thrust upward very similar to March '03. I've been looking at some McClellan Oscillators and McClellan Summation Indexes. The majority of the indexes to include NYSE, NDX, SPX, OEX, are all near new recovery highs or are going to be testing their volume and breadth highs this week. The NYSE volume MCO went to a new recovery high last Friday. Waiting for the NYSE volume MCSUM to move above its zero line by mid week. This all very similar to the sequences that took place in 3/03. These are all internal observations not widely perceived by the general public. At this stage the risk is being out of the market - not in. You have to be in to win. This has the potential of being explosive, so I'm just sitting tight in my newly built Ark - just in case the flood waters arrive. Take care this could easily be a 1000 point run to the all time Dow high of 11,722.98.