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Re: sojourner post# 3861

Thursday, 12/20/2007 1:44:29 PM

Thursday, December 20, 2007 1:44:29 PM

Post# of 12815
lol, anyone that has looked at a chart at least once could tell it was top heavy!!, you weren’t the only one,lol,….you must suffer from the prophet syndrome. Many of us were talking about profit taking, it’s to be expected, now it’ll reconsolidate,…and move up. What wall?...there was more of a wall in the 70’s, that was from everyone that realized it was getting heavy and taking some off the table. The 80’s looked much thinner than the 70’s, but buyers simply dried up, maybe I just wasn’t paying attention, but I never noticed a point in the 80’s that it was having difficulty with and maybe your definition of a wall is “no buyers”,…I’m no guru, but to me a wall is an area that churns but can’t seem to be broken,…didn’t see that. No need to be pompous here, you didn’t tell us anything we didn’t already know, but thanks anyway for your recap!
JC