or even 10%. Haven't had anything close since 2002. I find it hard to see a correction this large coming. The market is very strong, earnings are good, (except for the majority of revisions downward.) and the economy is stronger than people think.
http://www.marketwat...=seen&dist=ctmw
Stovall predicts 3-8% correction
Started by
nimblebear
, Jan 30 2007 01:48 PM
5 replies to this topic
#1
Posted 30 January 2007 - 01:48 PM
OTIS.
#2
Posted 30 January 2007 - 02:05 PM
Predicting a "correction" to the trend line does not take extraordinary insight.
#3
Posted 30 January 2007 - 02:10 PM
nenner predicted a correction,remember what happen to him
#4
Posted 30 January 2007 - 02:32 PM
Excuse me but it's already been predicted.....but this guy at least narrowed it down to 7 or 8% a few weeks ago!!
http://www.traders-t...?...ic=65217=
I've tried to narrow the path a bit too...
http://stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=0&mn=3&dy=21&i=p91187304335&a=91757908&r=6546.png
http://www.traders-t...?...ic=65217=
I've tried to narrow the path a bit too...
http://stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=0&mn=3&dy=21&i=p91187304335&a=91757908&r=6546.png
#5
Posted 30 January 2007 - 03:02 PM
Predicting a "correction" to the trend line does not take extraordinary insight.
What indicators are used to prompt the Blue Arrows for a correction ? Looks interesting.
OTIS.
#6
Posted 30 January 2007 - 03:29 PM
From this weekend: