Eat my hat...
#1
Posted 09 August 2007 - 12:45 PM
#2
Posted 09 August 2007 - 12:50 PM
Edited by hiker, 09 August 2007 - 12:52 PM.
#3
Posted 09 August 2007 - 12:51 PM
Regardless of the short term volatility, any intermediate buying done now will pay off nicely. A good intermediate low is occurring. These swoons are a gift...
I will eat my hat if this market isn't significantly higher before too long...
mm
My W.A.G. rally to near 1530 by the close Monday. We get that it "could" be my W-2 high.
Be careful out there,
Larry d:^)
#4
Posted 09 August 2007 - 01:17 PM
#5
Posted 09 August 2007 - 01:53 PM
#6
Posted 09 August 2007 - 06:02 PM
THis observation is strictly for the intermediate term. I'm looking out several months. We are making a good low here... they always seem scary.
mm
I agree with significantly higher in a few months (nasdaq 3k?), but first things first. The bottoming process will take place near 2362 before the next major IT rally.
#7
Posted 09 August 2007 - 08:04 PM
You like spicy food?
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics