if it is one...right here..
http://stockcharts.com/c-sc/sc?s=$SPX&p=15&yr=0&mn=2&dy=13&i=p13852076622&a=89430406&r=11.png
bear trap
Started by
eminimee
, Mar 13 2007 11:35 AM
3 replies to this topic
#1
Posted 13 March 2007 - 11:35 AM
#2
Posted 13 March 2007 - 11:50 AM
Bear trap? Maybe 20% chance. But the SPX performance is telling me that at least the 150 dma at 1380 is to be tested. If that could not hold, then the 200 dma 1350. The wave C just started today.
Edited by redfoliage2, 13 March 2007 - 11:51 AM.
#3
Posted 13 March 2007 - 11:56 AM
it would'nt be a bear trap if the bear sees the trap.
*previously known as pnfwave
#4
Posted 13 March 2007 - 12:04 PM
You may be right on target,,,, June 06 and April 05 declines look just about like current....
Just an "Old Retired Fart" trying to keep my IRA invested with the market direction.