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21 Oct
Posted by Sensei @ 9:29 pm on Tuesday, October 21st, 2008 in Biotech Stocks, Stock Comments
I’m still waiting on the rally to materialize over the next two weeks.
Back to highs of two weeks ago. These charts are of the SPY, but the same stuff applies to anything pretty much.
Now afterhours we had several tech names pop big. VMW, BRCM, YHOO, AAPL. Will that hold or will it get sold? I think we are going higher than yesterdays high, maybe not tomorrow, but by Friday and if I’m wrong, I’ll shave my scrotum with a straight edge razor. You know the market can’t handle my threats.
Where we were near the 2002 bottom:

Where we are today:

What I’m looking for to repeat:

Have you seen QCOR? A new 52 week high today in the brownest tape since I ate Popeyes, Taco Bell, and chugged a bottle of Patron inside an hour. Remember to search past posts on QCOR if you are finding this post waaaaaaaaay late. Up 49% since August 26th 2008! I’ll sniff ‘em out.
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