Just another poll. I'll comment later.
Mark
The Low
Started by
OEXCHAOS
, Oct 09 2008 07:17 AM
2 replies to this topic
#1
Posted 09 October 2008 - 07:17 AM
Mark S Young
Wall Street Sentiment
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#2
Posted 11 October 2008 - 07:33 PM
To my eye, this poll is reasonably constructive, but not clearly so. What I like is that many thought that the low wasn't yet in, but close. I didn't like that so many thought it was OK to buy.
I have a feeling that this action this week was such that many folks turned short-term Bearish and Bullish a couple times a day. I kinda did.
Mark
Mark S Young
Wall Street Sentiment
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#3
Posted 12 October 2008 - 06:31 AM
I'm thinking "crash analog" working here.... wherever the impulse low is made (could have been Friday), it should test in 2-8 weeks... THEN a bear market rally perhaps similar to the March-May bounce.
Then, more bear.
40,000 headmen couldn't make me change my mind....