Mo,
"how dare you pen a boolish post when there is so much to worry about these days, argh..."
<smile>
Yup, maybe they just want'ta keep us all worry'n about it...!!!
To be honest, and to tell you the truth, I'm not very comfortable with the stock markets today. Can't put my finger on what's bugg'n me...!!!
In any case, until I figure it out... I've added on with these recent bottoming signals and remain long from 2003.
INDU Daily
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The internal indicators that I've developed are calling for a bottoming activity within the DJIA and S&P... and they are rarely wrong... in fact if anyones kept track of my posts for bottoms they'll find that to be true.
However, time is still in effect and by the end of March what's bugg'n me should become evident.
If not this range under 1300 for the last 9 weeks may well be the bears best chance... as we'll look forward to the higher fibs.
Lotta folks who didn't get out the last time we saw 1300 have gotta be think'n real hard if'n they held on all the way down... especially with all the news out these days... almost as if no ones ever seen rising rates, or big deficeits, or 'whatever'...
S&P Weekly
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