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Biotech / Medical : Arena Pharmaceuticals (ARNA) -- Ignore unavailable to you. Want to Upgrade?


To: Justinfo who wrote (2201)2/19/2014 10:05:18 AM
From: The Ox  Read Replies (3) | Respond to of 2274
 
You have to give it to the bulls lately, they simply churn up past each resistance level.

A bust up wouldn't surprise me in the least.

At the same time, the last 2 day's worth of news and data hasn't been all the good, yet the market refuses to back off. Hard to tell if this is a bull trap setup or not. We'll know more after today. A good 10 to 20 point move down in the S+P is all that's needed, IMO, before a run to new highs. If we just keep running upward, I'd start to guess that were in a bull trap setup.

Been wrong before....so simply posting my guesses here....



To: Justinfo who wrote (2201)2/19/2014 10:24:47 AM
From: wolfgangrene  Read Replies (1) | Respond to of 2274
 
Your right. SPY to 2400.