Patrick,
Not sure what you meant by your last post.
Since you mentioned that you are bearish, what are you looking at as a trading range and how low do you feel the 3 major indexes will get (DOW,NASDAQ,SPX).
Not that I want to be called a bear or a bull, but as I had indicated previously, I have changed my position from uptrend/bullish (longer term) to range trading which is a bearish change.
I do not want it to be confused, but for the shorter term I believe that we will go up, but for the longer term we should be range trading (DOW=7550-8100, SPX=920-990), which is more bearish than my previous position of uptrend.
Feel that for the rest of the year (3 more days), we will be relatively flat (plus or minus 1%), then up for the short term.
Seeya |
