Edited by A-ha, 16 August 2007 - 01:05 PM.
da selling climax
Started by
A-ha
, Aug 16 2007 12:18 PM
14 replies to this topic
#11
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
#12
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?
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#13
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.
When I see an adult on a bicycle, I no longer despair for the future of the human race. ~H.G. Wells
#14
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
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.