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Strategies & Market Trends : Longer-Term Market Trends

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To: ItsAllCyclical who wrote (1256)7/3/2008 9:53:32 AM
From: AllansAlias  Read Replies (1) of 3209
 
Funny how folks hang on to stuff -- like no new low yet in SPX -- as if that is not going to happen.

Well... now that we have that out of the way...

I mean, as if it was going to magically turn away having gotten to with a few points. When it's that close, it is a magnet.

So, what is new now? It helps confirm, at best, the drive into the May highs on SPX was only a correction, or part of a correction, in a trend begun at the Oct highs.
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