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


To: skinowski who wrote (1639)8/13/2008 5:58:06 PM
From: AllansAlias  Respond to of 3209
 
Yes. If $XMI does a Hound here -- unexpectedly going to the upside, it is pretty well a lock for new highs.

In general, we are getting close to the point where any near-term bearish scenarios start to die now if the market drives up another few percentage points.

At this point, I still favour our "big C" down as unfolding since the fall top.