Longer-Term Market Trends Message Board

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Strategies & Market Trends : Longer-Term Market Trends

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To: AllansAlias who wrote (1935)	10/24/2008 9:54:37 AM
From: Perspective	Read Replies (1) of 3209

This should be the wave that delivers the scary low that we have discussed on this thread for so long. Now we're starting to see some real fear. These are the necessary (but not sufficient) conditions for a bottom. I still suspect we need to touch - and probably undercut - the 2002 DJIA lows in order to stand a reasonable chance for a bottom. What frightens me, and has wipeout scenarios running through my head, is the utter disregard for ANY support levels whatsoever in the $CRB. That is scarier than the worst Halloween nightmare... `BC

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