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There will be no reversal today...

Recs

8

May 27, 2010 – Comments (7) | RELATED TICKERS: NEWS

Market will start strong and will finish strong.

Just my opinion (based on my belief that we are coming out of the correction).

7 Comments – Post Your Own

#1) On May 27, 2010 at 10:08 AM, biotechmgr (36.87) wrote:

Probably right, it will not reverse today. Only from a higher level in an ABC upward correction will it resume the descent to another low.

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#2) On May 27, 2010 at 10:45 AM, DarkToast (58.14) wrote:

It would be nice if you are right.

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#3) On May 27, 2010 at 11:31 AM, davejh23 (< 20) wrote:

I agree...even though we're seeing some pretty negative economic news.  The PPT was embarassed yesterday...they can't let that happen again.

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#4) On May 27, 2010 at 11:34 AM, XXX222 (< 20) wrote:

I'm calling that all the gains made today will be gone by the end of tommorrow

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#5) On May 27, 2010 at 12:16 PM, cecamadocv (99.98) wrote:

were at +216 right now

 

seems to be a lot of sellin off at the end of the day, but my guess is we close at 177

 

and Friday We have a volatile day that starts off slow, gets up to +100 but closes at +20....

 

More then likely the opposite of what i said will happen. lol

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#6) On May 27, 2010 at 2:00 PM, dragonLZ (99.36) wrote:

cecamadocv, I also expect a slightly posittive day tomorrow. Kinda flat.

p.s. You are up 800+ points today. Boy, you must be on steroids or something... :)

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#7) On May 27, 2010 at 2:06 PM, dragonLZ (99.36) wrote:

davejh23, why are you so negative? Man, life is good, believe me...

 biotechmgr, it's no secret you and I disagree over where is market going next. I guess we both will know soon who was right and who was wrong... Good Luck.

DarkToast, it's too early to tell (it's only 2 PM), but it looks like it.

MichaelMolenaar, as you can see, both cecamado and I disagree with you, but tomorrow will be the judge... Good Luck.

 

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