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Re: 3xBuBu post# 3003

Friday, 01/05/2007 12:57:09 PM

Friday, January 05, 2007 12:57:09 PM

Post# of 72979
DOW is making the highest Volume in its history today.
One major fund is taking profit and transferring to BOND.

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only ONE Major Profit Taking on DOW today that we heard of.
We know that someone was taking money off table which was shown through CMF indicators on major markets and indexes.
Some are still buying the profit taking as we have seen today that the DOW profit taking is bought!

Well, other major conservative funds need to take profit to see a meaningful correction.
If anyone has the right mind would reduce risk at the height that we are in.




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From: QQQQtrend Replying To : QQQQtrend (post 418224) Jan 5 2007 11:12AM
Title: DOW Profit Taking!


DOW Profit Taking! DOW - TAKING PROFIT!! Wise investors are taking profit on DOW and moving to BOND!

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From: QQQQtrend Jan 5 2007 10:51AM
Title: DOW high vol & China move


China is requiring higher reserve % on banks... to control inflation. Heard it early on the world news, but didn't find printed news yet. Anyone heard about it?

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DOW is showing unusual high volume which I think that it is due to the job cut shown through housing and manufacturing and, of course, due to the recent huge, bubbled up pump.

As commented before, we had a few weeks of negative divergences on various breadth indicators. Also, note the COT high hedging activity by commercials.















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