Peter Borish once said "You can't stop a train with a brick wall." Right now, I view the market as an uptrending train. Pullback tomorrow or not, I expect we'll be higher next week.
That was my logic as well but it sure didn't happened that way. I think they're bent on going helter skelter, unless this turns out to be a bull trap, which I doubt.
And she will be closing the show on a high note. Booyah! Anyway, unless we sell off hard overnight, which I highly doubt, all the stars are pointing north for tomorrow. I even have a feeling that *they* somehow know something about what's to happen with CPI. It's like those inside trading thingy.
I acknowledge we're a little ST overbought but we're not overbought if this is a significant move up.
So what do have for the price target tomorrow? Let's bounce some numbers around. This is the part that I like the most about this thread.
I mentioned before, European indexes are smashing through resistance, is this not a sign of what will happen to the US indexes now? DJIA has already smashed through downtrend’s declining TL. My call would be to buy any drop tomorrow.
No, this is the real deal. Remember this chart? She's heading for 4300 (or higher). Yeah, crazy, I know.