Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: GROUND ZERO™ who wrote (2268)	4/9/2010 10:49:28 AM
From: Kirk ©	2 Recommendations Read Replies (3) of 222218

"I think there are some posters who are short, and probably more short than they are willing to admit" Many bears on TV said they were waiting for a 10% correction to get long... I did a calculation and posted the data and charts here showing the correction was 9.2% I believe many still have their thumbs up their arses as they listen to the likes of Roubini who has been wrong for the full bull market and REFUSE to admit they missed the recent bus. Amazingly, some of us right here posted we took profits before the correction then bought back stocks near the lows and can take profits again now as we approach the next resistance level on my chart (about 1200... a small pull back to test the last 1150 from above would be reasonable... )

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