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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: illyia who wrote (1512)7/29/2008 9:55:58 AM
From: AllansAlias  Read Replies (1) | Respond to of 3209
 
No bell rang... but a map is a map. Today, imo, is where it is decided -- upward in a brother leg per this weekend's map, or down to a new minor low. I have taken a shot at the long. I am long -- 30% allocated to 2x SPX just after this morning's open. Stop is today's low.

ps: Gotta tell ya, there is no good EW wiggles backing this move. It is pretty well a "feel" thing, that we need to work through the bearishness a little and see more bullishness, before we can decline again.