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To: Dale Baker who wrote (66464)10/7/2008 4:47:31 PM
From: xstuckeyRead Replies (1) | Respond to of 118717
 
Dale, the market, and particularly the Nasdaq is very oversold. Now, of course it can become even more oversold, like it did today.

But this oversold condition could act like a coiled spring when it finally matters, and we can go up quickly. Whether we can hold the gains is another problem.



To: Dale Baker who wrote (66464)10/7/2008 5:19:02 PM
From: Cogito Ergo SumRead Replies (2) | Respond to of 118717
 
We may miss 10-20% (alright with me) but with the media blathering on about it.. The soup line pic on Time (Canada) etc etc.. heightened awareness due to two major NA elections.. it will be a awhile methinks..