Replies to post #406 on Market Sense and Sentiment (MKTSS)

[Bernard Ng]

A break of 9800 will take us to 9700, and that's the support in the 60 min chart... wow... hehehehehe

signed,
Bernard

[leapyear92]

Hey Bob!

This scenario is playing out as expected. It was facinating to watching the market spike and hold after Greenie's comments. Just as I expected they sucked the money in and pulled the plug.

I have been following the markets for years and now it is just beginning to jell in my thick head. Am minor league short on the USPIX now. We'll see.

Still trying to understand these index options. The time premium is phenominal. But hey if you are right the returns are phenominal as well.

I believe that we are in the beginning of a major move up. However, there will be quite a few shakeups along the way.

Those divergences are facinating. People spend too much time optimizing their system and not enough time listening to the market.

I think I will go out and buy a stethoscope if this short yields any profits.

Later