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

To: orkrious who wrote (85174)8/16/2007 10:16:23 AM
From: Tommaso  Respond to of 110194
 
fiendbear.com

My own prediction would be to take this chart and multiply each level of the Dow by 13.33333. That gives you a top of 14,000 and a bottom of 8,000.

But I would not wait for 8,000 to start buying. I would start getting in at 9,000, and start using margin below 8500.

That's what I think now. I may change my mind in a few minutes <G>



To: orkrious who wrote (85174)8/16/2007 11:15:17 AM
From: orkrious  Read Replies (1) | Respond to of 110194
 
I added some more SA and SSRI.

That sure felt like capitulation selling in the miners.

they've bounced decently. a sure sign of a bottom would be if they can rally the rest of the day while the market rolls over again.


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