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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Augustus Gloop who wrote (13975)4/1/2013 6:05:27 PM
From: Augustus Gloop   of 33421
 
<<It would take an SPX collapse to below 675 to create the BOL. A significant leg down followed by a crossover into the next secular bull would make it the true BOL.>> >>

This should say "wouldn't." I don't think we need to get back to the 2009 lows to have a better buying opp. A failed retest of those lows followed by a secular bull would be similar to what we saw in the early 80's - 2000.
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