Edited by skyymaster, 26 July 2007 - 06:46 AM.
According to Plan
Started by
skyymaster
, Jul 26 2007 06:44 AM
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#1
Posted 26 July 2007 - 06:44 AM
AAPL is up this morning and Ford is going to gap up. So far anyway. So, why are we down in the futures and on the ETF, QQQQ&SPY.
Does this look like Bear Bait, then once Bears are in, Bear Trap or is the characteristics of the Market changing? Something to think about for that October bottom that everyone is calling for.
The problem and a big one is that I along with the "crowd" expected a 4yr cycle low to be in October of last year. Boy, the market knew that well in advance and put in few months early.
Now, I am seeing more 10%-20% correction expectations coming out as that all important "October" "Crash" type date comes closer.
I think if it is going to happen it will happen sooner rather then later. FWIW.
Good trading and keep a check on that greed and fear.
People should not be afraid of their governments. Governments should be afraid of their people.
Remember this day, men, for it will be yours for all time.
Remember this day, men, for it will be yours for all time.