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Strategies & Market Trends : Technical Analysis With Charts -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (3733)	12/29/2006 9:25:34 PM
From: MACD X	Read Replies (1) \| Respond to of 6865

The ox is correct. Semis will no go up hill while the nazdaq crashes, I will agree with this. But when the nazdaq crashes may be later than earlier, From what I see on the charts the semis look bullish and about to take off. This spurred the post semi to rock 2007. I see a possibility of a big down draft in the nasdaq and on the nasdaq chart. I see semis looking bullish. I may want to reconsider this now that I have looked at Return to Senders signals which makes it look bearish at this time. Both dont jiv, it aint going to happen at the same time. And Ox is correct on this point. I think there are too many bears in the market at the present time. There needs to be more rally to put in a good top, one that turns everyone bulls, even to bears to a point where they arent so quick to short the market on every down move, We are there yet. Not even close. Imagine this was to happen, the market continues to move higher in the first part of 2007 the nasdaq and the semis, breaking out of the triangle bringing in much new money on the triangle breakout and this would likely be the case. This may be a fake breakout, just enough to load up the bull camp enough that a meaningfull top could get underway. If I noticed it the big money did months ago, they are likely also waiting to jump on the bull wagon it a big way. This rally continues up until a capitualtion top in the March-May area then the stage would be set for a meaning full top. This is all speculation and guess work but thats what prediction are predictions. Something to talk about and think about and see if it goes that way or not.