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TJ Parker

05/22/08 10:47 PM

#50530 RE: Two-timer #50529

while anything is possible, of course, I haven't seen a rally yet that started after QQQQ and XLF showed so strongly in top negative moneyflow:

http://online.wsj.com/mdc/public/page/2_3022-mflppg-moneyflow.html?mod=mdc_leader
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Beerworld

05/23/08 2:08 AM

#50531 RE: Two-timer #50529

I could post all day with tis new IHUB...

I don't see the short covering rally on Friday. volumne will probably be low,(which of course could in itself move the market) Maybe Tuesday next week. I expect little movement but lots of volatility tomorrow.


EDIT..and a lot will depend on oil.
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GLENO34

05/23/08 8:41 AM

#50532 RE: Two-timer #50529

Two..You must havbe influenced me into thinking we were going to rally into the weekend and next week..I sold 1/2 my QID position...That alone will prevent any kind of upmove..There will be zero up from here...