and let's save the doom and gloom until spx/oex/indu get south of the 200...so far this is a very orderly correction and is still part of the correction that started in July....
http://stockcharts.com/c-sc/sc?s=$RUT&p=D&yr=3&mn=0&dy=0&i=p50236625022&a=81894387&r=5999.PNG
http://stockcharts.com/c-sc/sc?s=$NYAD&p=D&yr=0&mn=9&dy=3&i=p88250582328&a=113409410&r=2326.png
http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=2&mn=3&dy=0&i=p83596805397&a=85048065&r=3083.png
http://stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=2&mn=8&dy=0&i=p60196634110&a=104688425&r=2376.png
Very orderly correction...
Started by
eminimee
, Nov 05 2007 05:16 PM
2 replies to this topic
#1
Posted 05 November 2007 - 05:16 PM
#2
Posted 05 November 2007 - 05:22 PM
once again thanks for your excellent work!
i was just noticing how sentiment battles on this board are even more fierce than back in august
bulls and bears are angry and hate each other
btw could today's bottom be it
how much upside do we need to see before you call a bottom and say 1475 will not be seen this time around
and do you not agree that if we see 1475 or lower that it will happen this week
cheers!
#3
Posted 05 November 2007 - 05:32 PM
I'm really hoping we see 1475 area.....if we see it...it WILL be this week....Wed/Thurs. We would have to get a daily close above 1535 spx to entertain the idea of a bottom being in. imo
Edited by Teaparty, 05 November 2007 - 05:32 PM.