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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (167111)6/26/2008 5:17:48 PM
From: $Mogul   of 209892
 
Another brilliant call by $Mogul came true today. On 4/24/2008 5:10:35 PM the call was made for all of SI. Experience speaks volumes.
Message 24531063

"Today had the bad smell of a classic bull trap...which it was indeed with bad MSFT earnings, and a false breakout. Today was a day where years of mkt. experience aided with this interpretation.

I continue to beleive we will re-test the lows, and probably break lower. Any decent correction usually traps some bulls and makes the bears cover up a bit.

I also beleive our economy is about to have a "technical recession".


I try to always help the little guy and tried to help everyone recognize this.

Your unfortunate response and stubborness to see this all unfolding back then. Message 24533425
Message #167111 from mchjc at 4/25/2008 11:47:51 AM

"Not so much ??? ...retest the lows...break lower...??

Seems to me we differ completely..vbg"
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