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Distance below 43 week EMA now matching 2001 Bear


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#1 Woody

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Posted 29 September 2008 - 09:57 PM

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=10&mn=0&dy=0&i=p74419142126&a=132157342&r=17.png

#2 ogm

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Posted 29 September 2008 - 10:23 PM

Maybe a little. But I still think its time to look for long positions rather then short. Most measures are already there for a good longer term bottom. And FEAR.

Edited by ogm, 29 September 2008 - 10:24 PM.