Posting my views.
A steep and deep oversold emerged. A bounce of 3-5% is likely, possiobly more
The technical condition is such that a serious retest will then follow 1360 and 1320 key supports on the subsequent retest.
VIX should peak around 40, even test the 50 area.
Good trading.
Market update
Started by
Tor
, Aug 21 2007 06:04 AM
No replies to this topic
#1
Posted 21 August 2007 - 06:04 AM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.