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The Low


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Poll: What About The Low? (65 member(s) have cast votes)

The Low is...

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#1 OEXCHAOS

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    Mark S. Young

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Posted 09 October 2008 - 07:17 AM

Just another poll. I'll comment later. Mark
Mark S Young
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#2 OEXCHAOS

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    Mark S. Young

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Posted 11 October 2008 - 07:33 PM

To my eye, this poll is reasonably constructive, but not clearly so. What I like is that many thought that the low wasn't yet in, but close. I didn't like that so many thought it was OK to buy. I have a feeling that this action this week was such that many folks turned short-term Bearish and Bullish a couple times a day. I kinda did. Mark
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#3 HoseB

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Posted 12 October 2008 - 06:31 AM

I'm thinking "crash analog" working here.... wherever the impulse low is made (could have been Friday), it should test in 2-8 weeks... THEN a bear market rally perhaps similar to the March-May bounce. Then, more bear.
40,000 headmen couldn't make me change my mind....