Might have hit a short term bottom, but don't think so. Catching falling knives is rarely easy .... and that knife had a lot of momentum last week. It won't be slowed too quickly ... unless of course, it's a butter knife!
Don't cut your fingers.
Good luck to all, C.C.
Bottom here looks too darn easy - I'm flat / hedged
Started by
calmcookie
, Jul 30 2007 08:00 PM
4 replies to this topic
#1
Posted 30 July 2007 - 08:00 PM
#2
Posted 30 July 2007 - 08:03 PM
Might have hit a short term bottom, but don't think so. Catching falling knives is rarely easy .... and that knife had a lot of momentum last week. It won't be slowed too quickly ... unless of course, it's a butter knife!
Don't cut your fingers.
Good luck to all, C.C.
Even if you caught it [butter knife] momentarily, wouldn't do you any good... "butter fingers", you know.
Edited by HoseB, 30 July 2007 - 08:04 PM.
40,000 headmen couldn't make me change my mind....
#3
Posted 30 July 2007 - 08:04 PM
I agree.
Except, so far I'm seeing too much doubt.
Seems that most expect resumption of selling or at least a retest.
Except, so far I'm seeing too much doubt.
Seems that most expect resumption of selling or at least a retest.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#4
Posted 30 July 2007 - 08:12 PM
421 new lows vs 24 new highs
does a bottom look like that?
#5
Posted 30 July 2007 - 09:15 PM
421 new lows vs 24 new highs
does a bottom look like that?
uhm...yeah? how else is it supposed to look like?
“be right and sit tight”