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SPX WEEKLY POLL
Started by
bighouse1006
, Aug 27 2010 04:46 PM
3 replies to this topic
#1
Posted 27 August 2010 - 04:46 PM
#2
Posted 27 August 2010 - 07:06 PM
Down hard early, then a bottom and up.
Neutral for the week.
#3
Posted 28 August 2010 - 12:17 PM
Wow ... Are there really that many bearish people on this board after last weeks washout?
Only 4 bulls and 18 bears at the time I've peeked at the poll. I would figure at least a week of consolidation would be warranted before we continue to fall
"When your position is underwater, average down" - Professional Trader
#4
Posted 28 August 2010 - 12:27 PM
Yeah these numbers are a bit absurd, I think Friday's dramatic action left a traumatic print in people's minds that the markets are really at the edge of the table... There will be a test of the lows eventually though, if not more. Th flight to quality may actually continue for another month, people are generally afraid of Octobers...