Tuesday, January 09, 2007 9:44:11 PM
WB Yes, of course. Market finished flat even though we have low TOMO. Right after I posted TOMO, I heard it on CNBC commenting on the global liquidity is huge by which it is supporting the current market level. A perfect co-incidence.
That comment confirmed what I was thinking.
We need to keep in mind the high market targets (market hypers) which is DOW 13000, SPX 1475 and NASDAQ 1550 which were my original upper target in a longer timeframe when I did market analysis during Jul-Aug06; however, this market is in fast chase money mode trying to hype up the market to the targets by the end of May07.
http://www.trend-signals.com/index.htm
That comment confirmed what I was thinking.
We need to keep in mind the high market targets (market hypers) which is DOW 13000, SPX 1475 and NASDAQ 1550 which were my original upper target in a longer timeframe when I did market analysis during Jul-Aug06; however, this market is in fast chase money mode trying to hype up the market to the targets by the end of May07.
http://www.trend-signals.com/index.htm
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