Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (78899)	1/22/2008 1:43:57 PM
From: $Mogul	Read Replies (1) of 94695

LOL..rally of 4%+ already in line with historical bounces. Only the occurrence in August of last year coincided with an intermediate-term low. Such severe declines like we've seen have resulted in short-term snapbacks every time, and only a few have turned into intermediate-term bottoms. With such a jump from the morning lows, We've already satisfied the average return. Time to dig the grave son. Jan 3, 2001: +4.8% gain that day Apr 18, 2001: +4.0% gain that day Sep 17, 2001: +3.2% gain from open to close Aug 17, 2007: +2.4% gap from previous close

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