Evening Tim: Naz may try for 2400 area towards that recent upper trend line I've mentioned previously. The INTC info may provide a reason, right or wrong, to do so.
INTC news... maybe I'm missing something but I don't see any surprises. Seems to me this is what we heard before from their earlier forecast. I guess just the notion that they didn't come out with any new bad news is enough.
OK! I would love the bull to run, but I still scratch my head. Yep, even for this bull.
Loads of warnings still coming as you pointed out.
Pondering, I ask myself why, and, in particular, what will sustain it. Consequently, if it does attack 2400, there will be strong emphasis to pull it back in that recent channel, which actually, has proven pretty darn good as an indicator with the Naz oscillating perfectly within it.
Oh well, we may be on the wrong side on this one for now.
Oh wait, now let me think..... now how many times have I seen futures siginficantly up after hours the night before the market ends down.
Realty check.
RR |
