Exactly, and is why I posted this and I will post it again. Nobody really commented on it as I recall, and I did not volunteer all that much.
stockcharts.com[l,a]waclyiay[df][pb50!b200][vc60][iUe12,26,9!Uh14,3]&pref=G
Not a bullish looking chart imo, but hell who knows in these times. Already cracked the 200 ma, and it sure looks like the slow stoch is going to stay buried a spell. Looks like an HS possibility with quite a bit of downside. But that has a ways to play out.
I am starting to get cold feet if you get my drift, at about everything I look at. I feel no compulsion to remain fully invested this last quarter, and am undecided about how I may play the dark side.
This market is getting ever more dangerous imho. If you think about it, why the heck should a market in the straits we are in avoid a real bloodbath. So far it has, but it doesn't have to continue doing so. |