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Replies to #821 on Justa's Dive Bar
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Emptyhead

04/12/07 10:25 PM

#822 RE: Ace Hanlon #821

I fully disagree. New highs in this market is a joke. If such an event transpires I would think the momo is purely fiction and fabricated out of thin air.
On second thought....,come to think of it,this market is already a fabrication.

just my two cents.

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chainik

04/12/07 10:57 PM

#824 RE: Ace Hanlon #821

E, I am totally out of sync with you :)

I don't like today's action. Looks very unnatural to me - more like a ritual screwing of new money coming on 15th. I suspect back to qqqq 44 (and below) next week. Short rimm as a partial hedge.

Do you really pay attention to these clowns on gold321 and kitco? :) There is only one case when I find their insights informative, and that is when many of them are bearish (which is extremely rare). This is a major "buy" signal. Otherwise, same bs, time and again. Zero information. So embarassing.