Replies to post #7308 on Abet Chichi2 (Chichi2)

[chichi2]

Lana, i sure wish i knew. it feels like more up is coming, like DOW 11300.

BUT we did just end a Options week, it always feels strange and like more of it is coming after one of those.

the Price charts do not show any breaks in their strength, so a change in direction would be out of character.

it would seem a catalyst would be required.

and i am not into crashing planets or comets.

these would seem only a tiny fly in the upward ointment.
http://www.investorshub.com/boards/read_msg.asp?message_id=2152564

Particularily with LOTS of gurus and analysts all calling for MO and MORE UP. even the downers are saying more up. so of course that is the direction of Preference by the masses.


HOWEVER

The MCO smallchgs know something, they are Signalling for NYSE, DOW and TotMrkt (Wilshire5000) to change direction. http://www.investorshub.com/boards/read_msg.asp?message_id=2151999

altho lots of cycles counts end this coming week, they are signalling for a change in direction. However, they do not always work, particularly in run up pressure.

AGAIN HOWEVER

It appears that "all in the know" are saying my down bets are premature.