Replies to post #30947 on InterDigital Inc (IDCC)

[GE_Jim]

Thanksformusic,

Ya, a lot going on in the markets. You got the abc waves all ending in flat lines, Not the norm. You expect the bears and shorts to cover once the breakout res levels turned to support, they haven't. You got the markets going up for some now, and some are starting to call this the "super bull" but in the mean time the insiders are selling like crazy and the companies aren't buying, just laying off. And on and on. . . . . . . .

My view FWIW is a extreme oversold condition. One in no uncertain terms can not support itself without correcting. And in MY opinion only, a pyramid game.

But I can be wrong. I'll even point out where. People don't have anyplace to growth their money. Interest, nope, gold, not stable enough. Bonds, ya right. Land is good, but most forget after getting their house. No stock are the play right now, and the media is being honest, they say look at this good news here and there and BTW stocks are very costly and very risky right now, but wait. . . . . what's that. . ABC company is going to layoff another 10,000 people, oh we got to have some of that. . . . . . . the bears are not going to survive this, but there is going to be some blinded by the light bulls who won't either.

I like cash at the end of the day in this market. If it goes up, I'll take the profit. If not , the cash doesn't move. Should be very interesting around option week I would think.

[zitboy_rev_11_3]

Do you see the current market conditions

pisani, two days ago, talked about 11 days in a row of positive breadth, and how it has indicated a higher market going forward (in 40 years of tracking, i think he said)