InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,469.30
(
0.39%
)
US TECH 100
19,267.20
(
0.48%
)
Dow Jones
39,112.16
(
-0.76%
)
Brent Oil
84.43
(
0.29%
)
Bitcoin
61,491.51
(
-0.52%
)
Post# of 72979
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

*~1Best~*

Send PM Follow Ignore
Followers 123
Posts 30590
Boards Moderated 3
Alias Born 11/22/2006

*~1Best~*

Re: 3xBuBu post# 2493

Tuesday, 12/05/2006 10:17:29 PM

Tuesday, December 05, 2006 10:17:29 PM

Post# of 72979
2006 - 2004: WB, I commented that the best case scenario for 2006 would be forming the 2004 Aug rally when I called Jun-Jul 06 bottom.

Now QQQQ has exact same rally points from Aug04 to Dec04 top, i.e. the rally point is the same.

If market is rational, it would do some retracement at this stage of economy. I just don't see a fresh rally, economic cycle as if we are in a brand new up - cycle which is a soft landing scenario. Even so, we need a decent retracement before it continues to march on.

What is your opinion?

Best to you~



Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up