Replies to post #38106 on ajtj99's Market Pulse

[sylvester80]

Unless they are doing a better B since yesterday I thought they'd be gone to 40.05 for the correct B I had calculated. However now they did it from a hell of a lot lower rather than 39.5 so... don't yet have a clue what this is...

[shack]

I think the slightly upsloping flat correction on the SPX since Nov 17 is done and we are heading to new highs now. Very strong volume on this ramp.

[sylvester80]

And it is even more weird cause yesterday I had the B going to 40.05 from 39.5. Go figure...

[jdaasoc]

We got selloff & 10 pt tradeable upside move on SPX followed by a pause as profits were taken.

Real barometer of justification of stock market valuations under current economic conditions will be played out in last 2 hours. If we close higher today, retest of overhead resistance coming soon.

[jrintl]

What's even more surreal from my perspective is that you expressed a concern that you missed your price point (you usually aren't so emotional-g), and lo and behold, we rocket (and that was pretty unreal there)..

you da man...you clearly da man nnngggnnggnnggggnGnngngnnng

[sylvester80]

I'll tell you one thing. I haven't seen such long action since the bubble years. LOL :)