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

To: Real Man who wrote (87771)	6/6/2009 8:33:42 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

If the SP's dropped from 940 to 780 in one week, that's 160 points, it would look like the world was coming to an end, although I can see 780 would be great support on the chart...<g> GZ

To: Real Man who wrote (87771)	6/6/2009 8:36:13 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

But I agree about going higher after the pull back, the rally from March 6th has been behaving like a bull rally and not a bear rally... because whenever there was opportunity for the markets to sell off again, it would only consolidate sideways, this is bullish action, not bearish... if we get any kind of serious selling over the next week these markets should be bought with both hands...<g> GZ