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Re: Gantor50 post# 32450

Thursday, 09/07/2017 12:52:23 PM

Thursday, September 07, 2017 12:52:23 PM

Post# of 108192
"What I don't know obviously if this is the beginning stage of a planned run up, or merely an attempt to build a technical base to lure in the momentum traders and take it up to short it from a higher level?"

Good question, Gantor. My guess, based on past instances of investor anticipation, would be that the uptrend would continue and pick up further momentum into the teens (and may be further) if there is solid material news at the end of this quiet period. Anything short of it and the short algos will beat the SP back down. Somehow, this time around I expect to see something that sets us at a much higher floor.

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