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IWM volume is pathetic seems to be a leading indicator,we drop tomorrow into Friday than ralley next week? S&P volume looks very strong.Any comments
Look for a dip to 11900,then bounce to around 12500,than a dip to 11700,if it close under this than we will probably see a slide down to 9700 the next few months
Jim we should hit a low of 11900 than a pop to 12250 than a much lower low .The stumbling block is 11700,if we break that( alot of strengh at 11700) at a close than start looking at 9500-9700 going into the May-June timeframe
Then a retest of the Jan bottom??
And if no up day?
So we retest yesterdays low and move on upward the next 5-10 days before the next shoe drops?
Jerry ,how high of a bounce do you think we will see in the dow.
How much of an upside do you see after the lows are in.We just blew thru the Nov lows,like catching a falling knife here
Holy Crap Jim to see much of an upside after the 10th or this week.We just blew by Nov. lows
A 200 point move in one month????????????????????
Was November 5/6 suppose to be the pricelow?
thanks for that reply Aire.Looking a bit ahead do you a sell off into early January before another push up.Seems the old seasonalities of the past lag any where form a few weeks to month behind.
Okay Air,thanks
What do you see them doing going into the end of 2007?
lol he was the number 1 timer in the ninties,probably only lost 40% of his portfolio
What day is the bradley turn date
After option expirations IMO
Any opinions on LEND making it thru this mess
Hey Jim you two run neck& neck.I have followed guru's,paid gurus,newsletters whatever for 20 years and no one comes close to you two.My hats off to you guys....Pooch
Aire,do you see a bottom forming on Monday.Jim Q feels we will see it then.The two of you guys are the best out there,and your commentary is highly regarded.
Thanks JIm,your call so far has been unbelievable
Jim I know you don't play pivot points,but 13250 is big support for the dow,if we close under that Monday would you hold out a couple more days until wee see capitulation ?
Jim,looks like the downdraft has started 2 days early,much like in June.You could see the momemtum switch the last 2 days though.I can't remember how long you thought it would last.The 1st week of August?Thanks for the replies,hope your feel much better these days. Pooch
Jim still looking for a correction the last week of July into the 1st week of August?
opnion,are you referring the 1st week of August as a steep drop or rocket of the lows from the last week in July?
Jim how nasty of dump are you expecting to see?
oh God not the chief lol he is the #1 timer hehhe
Do you make public record of all the tech dogs you picked in the 90'EISQ,WAVE,there are more but that was 10 years ago and i quit following your diatrib,then you pick one that if i research raging bull i will find it,but at the time it was trading at around $25 a share and you were stating it could go as high as $1000. a share,whew that crashed and burned years ago.
Watch and see,no dip buying today
Thanks opnion,was hoping today was up and down tomorrow,as Jim would say "only time will tell"
Think with down day today we retest our high tomorrow(weird wally wens) and then start that grind lower into the summer months??
So if we are down today does wwwensday take us down futher or do bounce retest and start that grind down???
Would fit in perfectly with Jim Q momemtum low
Thankyou Jim for the clarification,I get confused an your momemtum lows and price lows
Jim are you looking at a down market until July/early August than an up move in to September.I am confused here as your post says down a couple of weeks into late June with the cycle low coming in late July,would'nt we be down for 4-6 weeks,before an upmove starts in August? Thanks for the help
May 38 puts on the QQQ,s???????????????????
Blasher,What do you think of June puts strike 43.00
Are ya nuts...........
Of course we have declining volume also on the up days
Al who deep you thinking 10-15%