Jeff, Justa, ajtj, exp, and augie are the experts here. I have been saying for two years that until we make new yearly highs, follow the ta, and the roadmap they have here is the best one. An indicator that when I used it was successful for 15 years with out one failure, blew me up in March after I was up about 100% from June 30th on. A pretty tough market.
IMHO, and I will follow this until it fails, the next low that everyone expects will be the second to last step on the ladder, will be the last step on the ladder. We'll see. I'll be ready for anything, but I think a pop off of 1000-1070 will be higher than what most here see right now.
Anything can happen. Until the fundamentals improve enough that traders can look past ta and change their mind set to anticipating growth, the ta will totally dominate. |
