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Yeah, I can see 1482 and see the top of the old channel a 1/2% higher. I don't know about taking the risk without a correction. Sideways consolidation is fine but a retrace would be better to get us out of being over bought. Now this is just if there's no major short covering in the next hour.As the song says: What can make me feel this way - money, money. 1482 here we come - stand back in awe.
"I don't know if it's amazing, but it's pretty incredible." QB Joe Flaco talkin about that overtime win and probably how the market would do today.Damn - pushing 1486. The 1930s actually contained one of U.S. history's most powerful bull markets. We are looking at the best stock market value investing opportunity in 20 years.
I be expecting a pull back to 1477.50 to test that level for support. That could be a good decision point right there do you think? You betcha. I would like to step back a little and then make a try for a higher level. Humm up over 1%? Should I save the 1%? Something to think about. So we be watching for follow through tomorrow. Here's the charts. I think maybe a neutral look. What you thinky?
I'm a trying to keep myself from being too bullish. That's where I get into trouble.Definitely about time for a small pull back to digest the recent up move, but as BT so frequently points out... this market could just keep going and going and going
Remember Q1 2012?
I be taking that exit point 1478 didn't hold. Sorry for late post just got back from Dr. and saw this chart.I'm a trying to keep myself from being too bullish. That's where I get into trouble.I'm trying to get myself back to second guessing when I'm in to exit more effectively. I'n other words: Recalibrating My SPIDEY sense. It went out of wak with family problems last year. So an eye on an exit point.:suspicious:
Wow turn right at deadline go figure. Well anyway I think lower high today at my shadow line (dark red) or maybe a double top at the arrow if it makes it to either.I be taking that exit point 1478 didn't hold. Sorry for late post just got back from Dr. and saw this chart.