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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (84762)1/3/2009 9:08:17 AM
From: William H Huebl1 Recommendation  Read Replies (2) | Respond to of 94695
 
news.yahoo.com

Ahh, more wall of worry to climb. Now to me, it looks like buyers are pitching good money after bad.... BWDIK?



To: Real Man who wrote (84762)1/3/2009 9:18:55 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Very possible, I had the exact same figure in mind, first 1100 and then 1200 before any serious trouble, and this rally could take a few months, or weeks, depending on how fast it rallies, it could be quick... the last sell signal in late September was at 1285.10, that was a nice 368.1 point higher, it would have been nice had I stayed short all this time...<g>

GZ



To: Real Man who wrote (84762)1/3/2009 5:44:09 PM
From: carranza21 Recommendation  Read Replies (2) | Respond to of 94695
 
The manufacturing numbers for December might cancel the rally. Zero growth across the board. Folks are going to get tossed out of work by the wagon loads. Not a rally environment.