Bulls: "Market is technically similar to March bottom + central banks are volcal about money-pump = swing low is IN"
Bears: "Financial problems are big enough that central bank interventions will provide only temporary relief = more downside to come".
Too soon to KNOW which is correct, so place your money down and spin the wheel!
Make Your Guess and Place Your Bet
Started by
HoseB
, Aug 13 2007 12:46 PM
4 replies to this topic
#1
HoseB
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Posted 13 August 2007 - 12:46 PM
40,000 headmen couldn't make me change my mind....
#2
arbman
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Posted 13 August 2007 - 01:02 PM
If the market can go lower to 1380-1390, it can initiate a big rally later in August, instead the market will go through the sideways and wide trading range of water torture since there is a big resistance at 1500-1510...
The IT investors will not jump in here until that resistance clears up, either by blasting higher from here (very unlikely with the speculative sentiment) or going sideways to clear the resistance by accumulating with a trading range...
The harder it tries to rally here, the less the IT prospects for a big (sustainable) rally, imho...
- kisa
#3
LarryT
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Posted 13 August 2007 - 02:36 PM
Bulls: "Market is technically similar to March bottom + central banks are volcal about money-pump = swing low is IN"
Bears: "Financial problems are big enough that central bank interventions will provide only temporary relief = more downside to come".
Too soon to KNOW which is correct, so place your money down and spin the wheel!
Where is HoseA?
#4
HoseB
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Posted 13 August 2007 - 05:13 PM
Bulls: "Market is technically similar to March bottom + central banks are volcal about money-pump = swing low is IN"
Bears: "Financial problems are big enough that central bank interventions will provide only temporary relief = more downside to come".
Too soon to KNOW which is correct, so place your money down and spin the wheel!
Where is HoseA?
Oh, he's around... you know, tradin', gettin' hosed.
(We were comparing consecutive losers years ago... his string was longer than mine, so he had to be "HoseA".)
Edited by HoseB, 13 August 2007 - 05:14 PM.
40,000 headmen couldn't make me change my mind....
#5
Rightfield
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Posted 13 August 2007 - 10:01 PM
Bulls: "Market is technically similar to March bottom + central banks are volcal about money-pump = swing low is IN"
Bears: "Financial problems are big enough that central bank interventions will provide only temporary relief = more downside to come".
Too soon to KNOW which is correct, so place your money down and spin the wheel!
looks like TA versus funnymentals choice
