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... Red Dragon Leo

New email about a penny stock pick went out just now…

... ben franklin

looking forward to your new post RDL. – thanks.

... ben franklin

looks like it’s going to be hard for the boys to resist taking it to dow 17,000,at least for an intraday rub.

... Red Dragon Leo

I wrote a new post tonight (Sunday) but I’m too tired to do the video and make the annotations on the charts, so I’ll finish it up Monday and post it.

... ben franklin

ok amy…thanks for your view. – at 1950,even a 2% pullback is playable. see you monday.

... Amy Polos

not before a 2-4% corrction.

... ben franklin

Yep,,the way this thing has acted this week, I won’t be shocked if they work this up to SPX 2000 into the July 4th period. Unless Monday and Tues show some real downside power,I think the odds are very good we go higher the rest of June. Thanks for your updates.

... Red Dragon Leo

It doesn’t look good for this being a top gang. The market is trading sideways and we all know that’s a bull flag. The lack of a pullback today into the close tells me we aren’t going to pullback now and instead continue up higher with 2000+ being the next target zone. I will exit all shorts today if we continue this sideways action into the close.

... Red Dragon Leo

With a chart like this I just can’t think we have much more upside left… http://stockcharts.com/h-sc/ui?s=$SPX:$VIX&p=W&yr=15&mn=0&dy=0&id=p73796657589&a=325554048