Sun,
I thought I already did outline why I thought we bottomed.
Please don't ask me to write a thesis on why I've been buying for the past two days, please check my previous posts. Simply, the cycle low is in place at a level of support from early this year. I follow only a few indicators which I trust. If I spend time explaining every move, I would have no time to move.
This thread is called "The Art of Investing." I agree, it is an art, and, for this reason, it is frequently difficult, if not impossible, to articulate such decisions. That having been said, look at my first posts on this thread for all my reasons. Forgive me if I sound irritated, I'm really not. My head is looking for where the next level of resistance might be. The market activity of the last two days suggests that 8200 in the DOW might be seen soon.
But, please forgive me. If you have a specific question, I will gladly answer. But when you ask me to "prepare a quality article" explaining my decisions, it sounds too much like schoolwork.
Have a great weekend.
GZ |
