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Strategies & Market Trends : Waiting for the big Kahuna

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To: blitzfund who wrote (74763)3/3/2007 5:34:48 AM
From: GROUND ZERO™  Read Replies (2) of 94695
 
I think we could possibly see 1335 at worst, but I think this is the pull back everyone wanted and is now afraid to buy... we'll likely move lower before we see new all time highs, but I also suspect at the end of the day this bull market is going much, much higher... we've only pulled back to the breakout trend line, so we should see a bounce on Monday for a good trading rally before we move lower into those major lows of this current cycle...IMHO

Meanwhile, I'm still short, no buy signal yet...

GZ™
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