Dr Bob,
We go UP, let me count the ways................................
The COMPX should pop through the downtrend line from the March highs tomorrow, the NDX did it today and should punch through the top of the rising wedge tomorrow, the IIX crossed the 200dma today, the SOX consolidated last weeks move in 3 days and looks like it wants to go back to 1270, INTC broke to new highs, CSCO put up a big white candle, YHOO reversed back up. All dips get bought, all 4 moving averages are below the prices on the COMPX/NDX..
Isn't this usually how a big move upwards starts, at first nobody believes the action, but right now all the charts are SCREAMING!
geocities.com
Fly |
