CC---I don't think you are going to make it as a technical analyst -- you have too finely developed sense of humor, I'm afraid.
There is a certain irony in Acompora's analysis (i.e., if market falls below 8269, we should be OK, but watch out if it stays above). Obviously, if the market doesn't fall below 8269, it can't fall 15-20% Or am I missing something.
I do think it's astonishing how folks tend to kill the messenger, savaging RA the way they did Elaine Garzarelli when he/she turned bearish. I can understand a technical analyst, unlike a fundoid, turning on a dime.
Hope you stick around, CC. If you win a couple of double downs, sock away the money for a lifetime membership here. It might be good for your financial health.
DF |