Replies to post #360 on Market Sense and Sentiment (MKTSS)

[bbgold]

Hi Leapyear! Yes, the potential for further Upside movement is there. The DJIA could reach long term resistance levels at 10,500 or 11,000 or 11,500 or even 12,000. The NDX could easily climb to 2,000 or 4,000. The Naz Could potentially move back to 5,000 also. As I have mentioned before "Can we see a repeat of the 99-00 markets?". For now it looks like we are at a Top. Only time will tell if the Top will keep moving Higher Eh? All we can do is keep an eye on the resistance and support levels and trade them as well as we can. I agree that the broader the trading range the Better the opportunities should be to Profit. Am I seeing a little bit of similarity here between Oct-Nov of 1998 and Now? Good Luck Leapyear! :^) Rats, could not get 4 year chart. Take a look at the 4 year chart OK? ttys :^)