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SG's News Is Noise Post . . .


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meanwhile the real pigs ( when it comes valuations) amgn and ebay continue to levitate. Same ole story, as the fund morons never have to explain for being long overpriced ,overowned shit. THey all owned intc ,crsco, msft right at the highs, jut like they all pileed into nvda right at the highs, yet they just keep chugging along. Absolutley no thinking allowed, all under the guise if the other guy owns it I am okay. A real sick situation, that will have to be rectified before this bear is through

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Sorry to rain on the parade, but something is bothering me about why EBAY, AMGN, CYMI, etc. are going up, up, up....

 

Also bothering me is why Doc's cycles are out of sync.

 

Bears better get ready to flip to the long side for another 5 -10 trading days.....

 

Makes a pretty bullish case for the Nasdaq retesting the Dec. 2 highs:

 

Too many short.

 

Trendline support at the gap.

 

Perfect ABC up.

 

Most stocks went to higher highs on higher volume.

 

Couldn't push the market down on bad news today.

 

Start listening 18 minutes into the broadcast:

 

Tim Ord and Tom O'Brien

 

S & P discussion 42 minutes, explains why retest of highs is necessary before going to new lows this summer.

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