The macro-sentiment pic per Rydex is STILL super bullish for the market and the shorter-term sentiment #s are also rapidly gravitating towards that pt too. Just one more bear poop...left to go.
Edited by Vector, 13 March 2007 - 08:28 AM.
Next Low
Started by
Vector
, Mar 13 2007 08:24 AM
4 replies to this topic
#1
Vector
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Posted 13 March 2007 - 08:24 AM
Next st-cycle low due ~mid next week. It will conclude the it-cycle low. We'll see how it develops at that time but it could provide a great launch-pad...especially if it generates a lot of bear poop.
The macro-sentiment pic per Rydex is STILL super bullish for the market and the shorter-term sentiment #s are also rapidly gravitating towards that pt too. Just one more bear poop...left to go.
The macro-sentiment pic per Rydex is STILL super bullish for the market and the shorter-term sentiment #s are also rapidly gravitating towards that pt too. Just one more bear poop...left to go.
#2
denleo
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Posted 13 March 2007 - 08:30 AM
I agree. Sometimes next week we may find a new low, which will look a little better. Bears are in control for now.
Denleo
#3
Vector
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Posted 13 March 2007 - 08:52 AM
yes, bears r definitely in ctrl...wouldn't surprise me to see the recent lows taken out, especially naz. It may even take two more retries at the lows b4 the IT cycle low is in. Gonna be interesting...be prepared. 
#4
greenie
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Posted 13 March 2007 - 09:09 AM
You are still holding PHM
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#5
eminimee
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I don't care who's fur is flying...
Posted 13 March 2007 - 01:58 PM
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