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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (45830)	11/18/2005 3:54:30 PM
From: Rarebird	Read Replies (2) \| Respond to of 110194

>>Market Becoming Overbought In All Time Frames>> The Market was overbought coming into this week: Message 21882563 A two day correction beginning Monday, 11/7/05, would be healthy and refreshing. I'd like to see a backtest of NDX 1636, and S@P 1236. The correction should be fast and furious, with the PermaBears howling and growling and the Bulls losing all sorts of confidence after a giddy weekend. Let me tell you a little secret PermaBear: this is a buy and hold market for the time being. More new 52 week highs are a coming. Major shocks are coming to the upside. You aint seen nothing yet.