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Strategies & Market Trends : Longer-Term Market Trends

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To: AllansAlias who wrote (1532)7/31/2008 1:16:52 PM
From: rcksinc   of 3209
 
AA
You are doing a great job with this thread, I hope you continue at least for a time.
I posted this before and I think you dismissed it but I ask you to look at it carefully. I think it adds to the bullish case here based on past performance going back to 2006.

As of yesterdays close we still sit with a bullish reading of 1.63 similar to the level when we bottomed in Aug of "07 with. The 1.55 reading when we bounced from 1200 was only achieved once before in the July '06 bottom.

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