The September swoon becomes the October Slaughter, next up...the bounce or the crash?
...probably the bounce, any day (any minute..), probably Tuesday (as in turnaround Tuesday).
...Possible bounce indications -- 45 of my nifty-fifty stocks on sells Friday, 41 today (with 39 oversold), the Fear and Green index was plastered to the floor at zero on the close...
Yes, the bounce, and the rally...
http://stockcharts.c...14791768758.png
And the great McClellan Oscillator strikes again:
The numbers in white on the lower right of each chart is the dollar gains per $100K (also the percentage gains -- for instance, SOXL up 36%) since the open of 10/20 after the NYSI turned up on 10/17. Ten trading days.
Getting pretty heady here, might want to pull up the stops...but no end in sight...so going forward it is buy the dips...
Good luck and good trading.
