Market analysis
#1
Posted 25 February 2009 - 06:00 PM
#2
Posted 25 February 2009 - 06:10 PM
i used to do failure analysis for a tech firm....There is no meat in this report....Please back up with facts, findings and conclusion.Then it sold off into the close which makes people think about what to do. Still the trend looks like its going higher and i added to longs near the bottom today. Bought some CAT at 24.4. I think that goes back to at least $30. Its not easy getting the bears off the bulls back though. They are being relentless. But very soon, they will give in and we will see 850 on S&P and 8200 on Dow. Its coming guys. May take a week to resolve itself. We are not going to break the lows from Monday IMHO.
#3
Posted 25 February 2009 - 06:16 PM
i used to do failure analysis for a tech firm....There is no meat in this report....Please back up with facts, findings and conclusion.Then it sold off into the close which makes people think about what to do. Still the trend looks like its going higher and i added to longs near the bottom today. Bought some CAT at 24.4. I think that goes back to at least $30. Its not easy getting the bears off the bulls back though. They are being relentless. But very soon, they will give in and we will see 850 on S&P and 8200 on Dow. Its coming guys. May take a week to resolve itself. We are not going to break the lows from Monday IMHO.
yeah TP, that is his MO. Not sure why I bother opening the threads.










