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da selling climax


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#11 A-ha

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Posted 16 August 2007 - 01:05 PM

another thing about this move is, its in opex week most of the moves get stretched to the maximum extend

Edited by A-ha, 16 August 2007 - 01:05 PM.


#12 Russ

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Posted 16 August 2007 - 01:08 PM

Is this the end of the selling in your opinon. Can we expect to see new highs or at least a challenge of the july highs now?
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#13 esther231

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Posted 16 August 2007 - 01:10 PM

LOL Certainly has been true this time. :) If RUT can claw it's way above 760, it's got a higher high in the shorter timeframe too. Nice call from both you and Hiker and others on the board. Let's see how far it can get.
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#14 A-ha

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Posted 16 August 2007 - 01:10 PM

Is this the end of the selling in your opinon. Can we expect to see new highs or at least a challenge of the july highs now?


I dont know about it, i am in for a ST bounce and the way it takes place will tell us whats coming next

#15 thespookyone

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Posted 16 August 2007 - 01:32 PM

Much simpler to buy a break of 1404 resistance-if this doesn't break it, it isn't it. If it does, there is plenty left. Picking a bottom here way too risky, without taking out resistance.