% over 200 DMA
The possibility of this market recovering anytime soon is low. This may be the impossible mountain.
Best, Islander
The Mountain to Climb
Started by
Islander
, Aug 05 2011 08:20 PM
1 reply to this topic
#1
Posted 05 August 2011 - 08:20 PM
#2
Posted 05 August 2011 - 11:54 PM
Depends on who reads it http://www.cnbc.com/id/44038676 . I can't say who is correct as I don't read the future but I looked at all such NYA200R sell off instances in stockcharts for as many years data they have, but none was so steeper and consecutive than this one.
Edited by DrSP, 05 August 2011 - 11:54 PM.
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