13 replies to this topic

[SemiBizz]

8/8 is my expectation of a turn date. Volume is going to tell me if that turn is just another weak retracement leg back up or a reversal... Short term and I.T. trends are obviously down as reflected in daily and smaller time frame charts. When I see weeklies and monthlies turning down, then I can confirm a L.T. down trend. The difference between may/june 2006 and this time is that we never had the daily trend turn down by candle count, so that was all countertrend...

Edited by SemiBizz, 04 August 2007 - 02:38 PM.

[arbman]

Relax_dk, there was a big difference in between now and June/July 2006. There was plenty of money and growing, any low here will be a bounce, link.

[arbman]

BTW, the real bear market signal was Richard Russell's turning bullish... The market newsletter writers have a very long history of screw ups...

[Frac_Man]

I was dead wrong and early in the first part of the year ............

But things will catch UP Very Quickly ............. Bear Stears will not let you have your money back on funds

Wondering if the Banks will do the same ??????

Hank


look at 1998 <<<<<<<<

I posted the BIG SLIDE[b] coming ............

On Thursday August 2nd at 3:19 pm est

Hank

Big Slide Down = Crash

Where are all the crash posts? We had a bad Fiday and closed below 200-day MA. Crash?

Denleo

Hank you said that back in the year, but it never happened. Like 1929. Whats different this time?

Thanks.