*Update* $200 before earnings? or a retest of $120?

A couple weeks ago I posted that If we didn't hit All time highs we would make a move down to $122. well yesterday we reach $125 where it seems apparent that buyers have stepped in along with good news form the fed meeting and Nasdaq being able to carry the market. Earlier today we seen a price raise to $155 as AMD and Xilinx near a deal. Along with Wells Fargo and KeyBanc price increase. If you note the Red sell off line I posted you will see that we after moving back above the 100 day moving average, we were not able to cross that sell off line today which indicated to me that should the market pull lower a sell off will commence to retest the 100 day moving average. We will retest the $135 mark possibly lower. Tomorrow if we re test the $135 and the market moves higher we could see $145. If we do fail we will re test $120. but since we came down there already would we really test it again??? Stay tuned for the Next episode of BUY THE FREAKIN DIP!!

Now Me personally I could see a honest valuation of $185 before Earnings. would I love to see $200 YES!!! is it likely?? well anything is possible for LISA SU