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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Doo who wrote (10246)12/14/1998 1:44:00 PM
From: Tom Trader  Read Replies (1) of 44573
 
I agree, Jeffry

We don't have in place the ingredients for an intermediate term bottom--and we are some way off from that point. In fact, I'd suggest that a major rally prior to getting the pieces in place would suggest further potential for a decline of some magnitude.

We are getting fairly oversold and so some kind of bounce could occur soon.
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