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I think short term bottom is here..


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#1 dcengr

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Posted 19 October 2007 - 02:03 PM

Not sure if this is a good bottom, but its a ST bottom, I think. Fractal suggests a few days bounce is also in works.. if it closes that gap, then I gotta think harder. But fractal says the gap stays.. /shrug
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#2 A-ha

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Posted 19 October 2007 - 02:18 PM

I think fu#ktals are quite dangerous to rely on in small time frames...
I also think that there were 7 bottom calls prior to yours today , I expect more till the close


below is my reliable fu#ktal that I based my market call a few days ago...

http://www.traders-t...showtopic=77650

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Edited by A-ha, 19 October 2007 - 02:23 PM.


#3 dcengr

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Posted 19 October 2007 - 02:23 PM

I'm not making any position changes unless the gap fills... FWIW I'm still looking for that mother of all bottoms to hit, but its based on time, not price.. its looking pretty panicky out there tho.
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