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The Mountain to Climb


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#1 Islander

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Posted 05 August 2011 - 08:20 PM

% over 200 DMA

The possibility of this market recovering anytime soon is low. This may be the impossible mountain.

Best, Islander

#2 DrSP

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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.

You could be a billionaire or an industrial worker or a teacher or a moderator of a forum - Hold a good conscience because that is what matters.