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Strategies & Market Trends : Galapagos Islands

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To: Oral Roberts who wrote (56494)10/28/2008 2:23:07 PM
From: Jorj X Mckie  Read Replies (1) of 57110
 
yes, but how long can it stay there?

and the BPNYA and BPSPX are both right around 8%
stockcharts.com

stockcharts.com

BPCOMP around 11% and gives a buy sig at 20%
stockcharts.com

I think we are getting close to being at the end of this rollercoaster ride, but I do think the prudent thing is to wait for signal from the BPs or at least buy at the bottom of the recent trading range.

I think playing short right now is pretty risky.
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