Notice that Dow did not make a new low today...
http://stockcharts.com/c-sc/sc?s=$VIX&p=D&yr=0&mn=7&dy=0&i=p97299589542&r=3904.png
Selling appears to be running out of energy...
Started by
Russ
, Aug 04 2007 12:28 AM
1 reply to this topic
#1
Russ
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- Traders-Talk User
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Posted 04 August 2007 - 12:28 AM
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#2
traderpaul
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- Traders-Talk User
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Posted 04 August 2007 - 02:32 AM
So, when boys try to find a place to hide.....They choose the biggest stocks.....Now, tell me that shows the bottom is in?......Maybe we are in the first inning......Notice that Dow did not make a new low today...
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
