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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (93265)10/7/2011 8:27:17 AM
From: William H Huebl  Read Replies (3) of 94695
 
Maybe yours take a long time to show what is happening, but even just paying attention to the SPY RSI and/or the Ultimate Oscillator would show the breakdown in the markets as they occurred in August of this year.

And neither is showing any possibility of a breakout or reversal from the current bear market! So I wouldn't bet the farm on this move gathering steam and becoming a major move up, IMHO. For me, it's all over but the shouting. BWDIK?

And of course, all caveats apply.
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