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Strategies & Market Trends : Waiting for the big Kahuna

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To: blitzfund who wrote (74763)3/2/2007 10:30:42 PM
From: shoreco  Read Replies (1) of 94695
 
#1 >> Everyone says we have more of a correction to follow? <<

#2 >> Geez what if this is only the pullback, that everyone wanted so bad? <<

Yep, best of both worlds...

Next week after some early weakness we'll rally sucking in the believers of #2 (They will be right for a few days)...

Then we will fail and drop to where #1's are patiently waiting to buy (the bigger correction and they too will be right)...

But the problem is when everybody is right, everybody is wrong...

#3 will be much deeper than the Bulls want and that will leave the Bears pounding their chest (8 to 12 week correction)...

#4 will leave the station w/out the Bulls (they will be blinded by the headlights) and trample the Bears along the way(Could be as early as May if the World stays on it's axis)...

See you at the year end rally...

Good Trading,
Shoreco

PS
All just a WAG of course...
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