Thats what my fractal suggests...
1-2 weeks... maybe slightly higher.
But I remain IT bearish. The longer this thing stays afloat at these levels, the bigger the downside will be.
Continuation of trading range
Started by
dcengr
, May 09 2008 02:43 PM
2 replies to this topic
#1
dcengr
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- Traders-Talk User
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Member
Posted 09 May 2008 - 02:43 PM
Qui custodiet ipsos custodes?
#2
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 09 May 2008 - 03:01 PM
I think we get a Rabbit close .....a run after 4
....or not
Edited by Teaparty, 09 May 2008 - 03:09 PM.
#3
arbman
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- Traders-Talk User
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Quant
Posted 09 May 2008 - 03:13 PM
I think the small and mid caps held up pretty well --although arithmetic average closed a bit negative--, it sure seems like the large caps banks did not drain from the tech either today. Actually the banks held up pretty well despite AIG's report. We should get a pop next week...
