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

To: jjstingray who wrote (1895)	10/9/2008 4:16:37 PM
From: AllansAlias	Read Replies (3) \| Respond to of 3209

No question J. Hounds are the most reliable signal in technical analysis, following, not that closely, by the breakout failure. iii of 3 will end soon. The biggest bubble in history is unwinding and this is having its day. There will be some nice volatility both ways in the coming months imho, as the market lurches through a 4th wave. It's fine to say that there is a great buying opportunity coming in the next 6-12 months, but it will be years before we see Dow 13000 again -- very easily many years. If someone of 55 or 60 is looking for said buying op'ty, they would have had to nail the bottom or it won't help their retirement at all if they have been holding here or averaging in.