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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (117568)	4/25/2005 9:36:09 PM
From: Shack	Read Replies (1) \| Respond to of 209892

Not sure I understand that logic but of course we can make new lows. I'm only proposing a possible scenario where we don't. And frankly its far more bearish intermediate-term. I've been tracking this possibility since the marginal new high in Jan 2005 did not hold, the first possible tell-tale sign. In any event, "buy" what you want. I gave this scenario low odds of occurring but the odds are somewhat better now. You know I had been one of the most adamant bear until a pile of stocks and sectors suddenly reversed their breakdowns last week. I don't take those reversals lightly. Trading is only about going with the flow. If the shit wants to flow uphill for a while who am I to argue.