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RCKS

10/05/07 2:00 PM

#28555 RE: pegwatcher #28553

peg
What is telling you the high is in for the day, a 30 min bolinger band?
We will close on the highs today, also known as a COTH day.
Monday we will digest this a bit but the spx is breaking out with todays close and it will make higher highs for a bit before it trades lower. Here is the chart I am describing, it has a very bullish look to it, if you ask me.
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RCKS

10/05/07 2:08 PM

#28556 RE: pegwatcher #28553

Here is the NDX daily and I am not saying the market can not sell off but looking at this chart I would stay long for the today.
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BlissBull

10/05/07 3:08 PM

#28559 RE: pegwatcher #28553

yes peg, and INTC is leading the reversal...

MAJOR CRASH TIME!!!