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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: MythMan who wrote (330619)1/18/2007 9:17:16 AM
From: Rarebird   of 436258
 
>>What does he know and when did he know it?<<

Cramer is a one dimensional clown playing the seasonal factor....

The recent surge in the NASDAQ-100 was strong enough to test the old highs on the Volume Oscillator and that speaks volumes indeed:

stockcharts.com

As can be seen in the chart above, NDX rose above the upper trading band and has now pulled back into the middle area of the bands. This is typical behavior for an uptrend at this point. A rise to exceed the upper trading band is likely.

Nothing hooks the bears better than a swift plunge.
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