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Re: mrusa1992 post# 12752

Saturday, 07/02/2005 12:22:03 PM

Saturday, July 02, 2005 12:22:03 PM

Post# of 52121
usa - yes, everything points up next week...

holiday weeks are almost always positive... Friday was a "low-volume accumulation day" for skillfull traders like you to add to their positions... the bears were hoping for a weak close, but they got a resumption of the uptrend instead... the put call ratio was the highest I've ever seen it - (1.98) and stayed in bullish territory all day long in spite of the market's refusal to go down... The market's ability to shrug off the big jump in the price of crude oil, is proof positive that no amount of bad news can knock it down (not even another terrorist attack this weekend)


http://www.cboe.com/data/IntraDayVol.aspx


"MELT-UP" TIME!!!

-Bliss







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