1. A warning or caution; also, a cautionary qualification or explanation to prevent misunderstanding.
In my post last night, I mentioned that the S&P might fall 15 points to reach a fib number. BUT...
I FORGOT THE darn CAVEAT!!!
Every good GURU includes the "caveat" in his forecasts as an appropriate hedge, just in case...
Thus all "predictions" are correct.
My "caveat" was in my post last week but I forgot to add it last night:
So that strengthens the lows as support for now.Jun 8 2007, 09:55 AM
A move below Thursday's lows and the next leg should follow this "Friday rally"
ANYWAY... Sentimentrader didn't move too much tonight.
Another rally not believed.
PS: the 3/4 moon is still the low for the S&P.
Edited by Rogerdodger, 13 June 2007 - 11:33 PM.