3 replies to this topic

[tsharp]

from 3/4/05:

so tim, just what could trigger a hard sell-off in the financials?

hmmm... think, think, think...

ah... perhaps if crude oil were to break to new ATHs?

imho, it's certainly worth thinking about.


--tsharp


the longer crude hangs up at these levels, the tougher it's gonna be for the financials to gain any real upward momentum... jmho, but certainly worth thinking about.

[bobalou]

I like that, but in nov,35

[tsharp]

I like that, but in nov,35

<{POST_SNAPBACK}>

that wave-iv is just down there for the sake of giving perspective, i'll adjust stuph in real-time as becomes necessary... but it could be oct/nov, just as the cold temps are coming on that an IT low is put in... fwiw.

--tsharp

[bobalou]

I like 35 soon,40 days ? and market up...then 62..we get that pull back..I'm long oil stocks.....