wow!! now that was some weekend thinking, i am bookmarking that one re-reading it till i fully grasp it, the only part i may disagree with you on is whether the earlier lows hold, i hope they do, but im not sure they will, but we have to keep getting higher lows for the bull to remain intact, i could see a scenario where 3000 is tested and maybe broken before the trend is reversed, but i could also see a scenario where the lows do hold and we stay in a trading range until the upside is broken, i just dont see any clear cut answer at this point, so i think it is better to err on the side of caution, but i have no doubt this thread will pick up the clear direction before the "street in general", in the meantime, i am thinking, looking, watching, and totally agree, this is a traders market only, not a buy and hold market, I'm keeping "light on my feet"
thanks for the input |
