tag:blogger.com,1999:blog-3310402797768514899.post1267724201144691775..comments2023-11-05T03:39:11.575-05:00Comments on The Technical Take: 7 Reasons To Expect A Short Term BounceGuy M. Lernerhttp://www.blogger.com/profile/09198161809721597881noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3310402797768514899.post-40305800917328258482009-06-25T23:20:33.342-04:002009-06-25T23:20:33.342-04:00Hey Tyler: good observation; I guess you are delin...Hey Tyler: good observation; I guess you are delineating new highs from a new bull market scenario. It is possible; to buy into new highs and into a new bull market you have to believe that this time is different and you have to believe that fundamentals don't matter. I still think this mini bounce has more to do with end of the month portfolio re-balancing than anything else. Plus there are still bulls - believers - who are buying the dipGuy M. Lernerhttps://www.blogger.com/profile/09198161809721597881noreply@blogger.comtag:blogger.com,1999:blog-3310402797768514899.post-37765026132141507282009-06-25T15:17:23.437-04:002009-06-25T15:17:23.437-04:00Good post Guy. Why don't we make some new hig...Good post Guy. Why don't we make some new highs for this leg? <br />I think the market is drastically underestimating the possibility for good news on the horizon.Tylerhttps://www.blogger.com/profile/06265862490530746096noreply@blogger.comtag:blogger.com,1999:blog-3310402797768514899.post-40100889632969845242009-06-25T14:21:22.680-04:002009-06-25T14:21:22.680-04:00May be - 930 is good digit. Intraday may be will b...May be - 930 is good digit. Intraday may be will be my range 930 - 940 :))Anonymoushttps://www.blogger.com/profile/12632983031456909893noreply@blogger.comtag:blogger.com,1999:blog-3310402797768514899.post-37936130900529604572009-06-25T12:50:19.155-04:002009-06-25T12:50:19.155-04:00I don't want to get into the prediction game, ...I don't want to get into the prediction game, but just looking at an hourly chart of the SP500 suggests that resistance is at 930 ish<br /><br />thanks for the compliments however!!Guy M. Lernerhttps://www.blogger.com/profile/09198161809721597881noreply@blogger.comtag:blogger.com,1999:blog-3310402797768514899.post-78375909866190875372009-06-25T12:33:06.488-04:002009-06-25T12:33:06.488-04:00Good post! And what you think about peak - where w...Good post! And what you think about peak - where we can finish this mini-rally? May be 930 - 940?<br /><br />Thank you!Anonymoushttps://www.blogger.com/profile/12632983031456909893noreply@blogger.com