Trying to learn from the experts
#1
Posted 27 July 2007 - 05:55 AM
#2
Posted 27 July 2007 - 07:20 AM
#3
Posted 27 July 2007 - 07:57 AM
Yesterdays daily CLX, -28 most since 1987 crash. A bounce rally into the FOMC meeting is my next test for the markets. The low we make today or early Monday is then the next test. After the bounce into the FOMC if this low is takem out its over, major bear market has begun. If this low holds and the FOMC bounce is exceeded we make new highs this year.
That is the test for the markets next three weeks.
Good Luck,
LT
I assume you are referring to the low in SPX or ES?
Remember this day, men, for it will be yours for all time.
#4
Posted 27 July 2007 - 08:22 AM
Yesterdays daily CLX, -28 most since 1987 crash. A bounce rally into the FOMC meeting is my next test for the markets. The low we make today or early Monday is then the next test. After the bounce into the FOMC if this low is takem out its over, major bear market has begun. If this low holds and the FOMC bounce is exceeded we make new highs this year.
That is the test for the markets next three weeks.
Good Luck,
LT
I assume you are referring to the low in SPX or ES?
correct