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Strategies & Market Trends : Classic TA Workplace

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To: The Freep who wrote (173425)11/13/2008 8:17:44 AM
From: robert b furman  Read Replies (2) of 209892
 
HI Freep,

Put call ratio just doesn't have that fear October 10 did.

stockcharts.com

New lows on S&P(just not yet pierced) - darn close and freeps triple bottom study would sure be good to have a finalized "How To Play" crib notes.<smile>

Vix has revived after a third day black candle/weakness.
stockcharts.com could get ugly still viable

What I still say is bear markets that grow old yield fewer new lows as bottom tests keep grinding on those fewer marginal sellers still in the market:

stockcharts.com

That's not to say today couldnt yield us a fresh new crop

It is do or die time right here right now.

That's what good bottoms do -they scare you out gring on your reslove and people sell at exactlt the wrong time.

Interest rates (Libor 90 day) continues to go to 4 year lows.

Liquidity is getting better and I think scrapping tarp is way better than buying up broken damaged assets.

60 billion levered 12 to one as bank deposits has a way of getting things going.

Bob
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