Replies to post #16672 on Market Sense and Sentiment (MKTSS)

[RCKS]

Hi Bernard
Are you seeing this as a breakout for the Dow, having made a higher high?
I am on the fence and though I still hold some Puts here, I don't have big bias either way. I think we could head to 11,000 right here but we are little overbought on the hourly and Daily's.
Being over bought didn't exactly inhibit us most of this run so it shouldn't now either.
The opening is red but that can change quickly,
Just curious how bullish you are?
TIA
steve

[was Steve]

Hey Bernard,
If you are open to requests, i would love to see the $xau index added to the site. a complete view like the sox has in addition to adding it to the string of 5/15/60 and daily charts would be lovley.

fwiw i went 170% short at close and believe the high in ndx wont be broken for the next three months. i have us higher into july/aug and that marks the high in the ndx for up to 2 years.

signed da bear (ggg)