From Pristine's "Long term daytrader" last week.
Step 1----------------"Another way of detecting a bottom is rapid vacillations up and down"
Step 2--------------"According to Velez, the first time the market fails to respond in a negative way to a serious piece of bad news, this will be a sign we have found a bottom."
Step 3-----------Thursday December 7 7:16 PM ET
Intel Warns of Poor Sales
By BRIAN BERGSTEIN, AP Business Writer
SAN JOSE, Calif. (AP) - Intel Corp., joining the increasingly pessimistic chorus from high-tech businesses, warned Thursday that fourth-quarter revenue will fall short of projections because of poor computer sales worldwide.
Step 4--------------Friday December 8, 5:54 am Eastern Time
FTSE 100 extends gains on firm telecoms, techs
LONDON, Dec 8 (Reuters) - Britain's FTSE 100 extended gains in late morning trade on Friday, as telecom and technology shares attracted interest despite a further warning from the U.S. technology sector
How does that go Jerry?
"BUTTA BING BUTTA BANG"
or something like that :)
All the best,
Roger |
