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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (80255)7/1/2008 7:12:55 AM
From: GROUND ZERO™  Respond to of 94695
 
Everything you say may all happen, but the market is still way oversold at the moment and it is the first day of the new Q, not to mention the historic reliability of the model's buy zones, I would have to think we'll see some kind of meaningful bounce from here before the next leg down could resume... once a rally is over, and with some fresh new longs in the market, the selling could then resume with great exuberance...<g>

GZ



To: Real Man who wrote (80255)7/1/2008 7:23:14 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Then again, I could always be wrong, which I am most of the time...<g>

GZ