i dont believe we have bottomed yet but we should bottom this week. no crash on this wave. it will be interesting to see the quality of the bounce we get off a very oversold condition. if it is poor and corrective in nature ala an a b c type wave and then we start an impulse wave down after that then the market is is trouble. if we are still in a bull we go to new highs. personally i think the trend has switched to down
but this is not confirmed yet. one question does anyone know the exact date of the spx high in 2000
not the closing high but the intraday high i think it was march 28 2000 but no sure
thanks
gann
bottom in?
Started by
gannman
, Aug 12 2007 04:18 PM
2 replies to this topic
#1
Posted 12 August 2007 - 04:18 PM
feeling mellow with the yellow metal
#2
Posted 12 August 2007 - 04:25 PM
1553.11 0n 3-24, per StockCharts.
#3
Posted 12 August 2007 - 04:42 PM
I show 1552.87 for 3/24/00
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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