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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: 1der who wrote (99349)10/6/2008 11:43:32 AM
From: Drbob512  Read Replies (2) | Respond to of 100058
 
Capitulation/selling criteria mostly met, with the one important exception of the overall volume has been light, not heavy. While the mkt can bounce from here, I am skeptical of this being enough of a capitulation(s) for a tradeable bottom of consequence to be happening. Instead, any bounce will probably be followed by a test of today's lows.

jmho,

drbob