DragonBoy,
Yesterday morning before the market opened, I flew a reconnaissance mission over the DELL plant with one of my INTC jets. I saw a huge herd of bulls gathered around the 79 mile post marker. They were walking around a little confused, as they had just been cut in half and were carrying large stores of P/E fat. I think they're a little dizzy too. I saw them fall Friday from 173+ down to 160, do a dead cat bounce, and with some confusion, settle in at 163. Monday they paniced and ran when our bears broke through their defenses.
Here's another interesting thought for you. The bears you left back at mile post 138 before the split are now only 9 7/8 points away. That's not so far any more is it? There's a medium sized herd at 75+, if we break through there, we'll be within 5+ points.
Use your MOT wireless to call back to your starving bears to tell them we're on the way. Remember, when we hit the bottom of this wave, offload ALL your bears, not just half. Don't marry your bears, turn them loose and we'll ride bulls back up to the top. That way we won't have to perform any more rescue missions.
I'm off to the tennis courts again today, so can't post, but I'll be watching the market from there.
Good Luck, Larry |