This week till July 1st

[The_Technician]

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I feel that the market will get a little rest or small reprieve till Friday, then based on the last two Fridays and seeing the end of quarter is Thursday....there will be a 20% or larger than normal volume and a sell off to go along with it....

:^

 

[mlk_man]

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The last two Fridays have been flat?

 

[mlk_man]

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mlk_man wrote:

The last two Fridays have been flat?

Oops, sorry. This last Friday was down. I was off a week..............

 

[The_Technician]

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Expecting a large volume Friday with a price drop to go with it....

 

[mlk_man]

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Do you foresee a big up day Thursday?

 

[The_Technician]

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Don't know MM....it speculative....how about u.....? Getting a good rise today eh.....

 

[mlk_man]

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Yes we are. I'm thinking tomorrow will be down ahead of the Fed Thurs. and then Greenspan will say, or maybe it's what he won't say, something magical and stocks will be up Thurs. If today can close up, my system should tell me to buy so this is what I'm hoping. Of course, I have to wait for the signal, I'm done trying to predict. :^

 

[The_Technician]

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I took a look at the past several years about this time ....majority of the time no jump...seems to have jumped in 2000 though.....

:dude:

 

[mlk_man]

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About how often I jump these days. Every 5 years.............:^

 

[pyriel]

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Methinks it will be down Wed, up Thurs. Me also thinks MM is right. If it start to go down before noon on Wed, can someone please call my house and wake me up so i can do the IFT. est deadline is usually about 2 am my time...