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To: masa2 who wrote (67672)	10/22/2008 12:33:10 AM
From: Jibacoa	Respond to of 118717

I also don't know if the L of Oct 10 will be the bottom. Since Oct 16 the daily Ls have been above the previous Ls. But I am in no hurry & will rather wait until the DOW closes the little DG of Oct 6 above the 10250 level. (In order to do that it still needs to cross through "The Maginot Line" on the way up.<g> As Jesse used to say: THE NEED ABOVE ALL OTHER THINGS IS TO DETERMINE THE KIND OF MARKET A MAN IS TRADING IN It sounds simple, but obviously the thing to do is to be bullish in a bull market and bearish in a bear market :>) At the present time I am not sure that the bear has left & I haven't seem any definite signs of the bull as yet, so until then I would rather wait on the sidelines.