Week of May 30/06 Bull/Bear

[Runner]

Going into this week are you all Bullish and buying the weakness, or Bearish and waiting in ambush mode and WHY?

[IIC]

Run...I'm Neutral... I don't know what the h*ll is gonna happen...As a matter of fact...I'm more concerned about the red 's than I am about the market

[Runner]

Here is why I’ll be looking for shorts. I’ve noticed a lot of damage has been put in the charts and I think many are getting ready to hit resistance and thus start another selling program. Plus looking over 1,000 charts tonight I’m seeing this drifting action that just does not look right. Now after a steep sell off like we just had I’d expect us to base out a little and possibly retest the lows or turn sideways. If we try to jump up with no follow through from the bulls them I think we will have a nice rally to the downside. I think we may not have seen the true intent of the markets today as many took the day off and will be back into it next week. One thing is for sure caution is needed regardless what side of the market your on. I would also like to add for now the trend is down….

[IIC]

Run...Agree...Caution is in order...That's why I'm neutral...But 1,000 charts?...Wow...That's alot...Best, Doug

[The Photon]

outlook

I agree this will be a short week; and really test the resistance-

[Runner]

Run...Agree...Caution is in order...That's why I'm neutral...But 1,000 charts?...Wow...That's alot...Best, Doug

Doug, this is true. All I do is push the space bar and spend about 3 seconds on the chart. Takes about 30 to 45 minutes. After flagging those that look interesting I’ll pull up all flagged stocks for a closer view..

[B.J]

Runner, what is it that you use that pulls charts up that quickly?

BTW, I'm cautious also. Friday's rally means nothing... except that my account went up by over 1% Next week seems to represent a pivotal and uncertain moment.

[Runner]

Runner, what is it that you use that pulls charts up that quickly?

BTW, I'm cautious also. Friday's rally means nothing... except that my account went up by over 1% Next week seems to represent a pivotal and uncertain moment.

B.J. I use TC-2005 my watch lists are loaded into mem and so just pushing the space bar cycles through then very fast.

[Runner]

Thanks all for your input not sure we need to continue in this POLL....