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

To: Investor2 who wrote (87916)6/11/2009 10:31:08 PM
From: robert b furman  Respond to of 94695
 
JUST A GENERAL RECALL.

FAST BOUNCES AND SLOWS OVERCOMES.

I could well be wrong,but with this slow approach I'd expect option expiry to finish and a nice 10-20 % run with a retest of the 200 sma needed to show support ,before we went up again.

It's really all about earnings,if the turn is in we run up,If the turn needs another 90 days of liquidity we fail and fall down.

I'm watching the Q's and the Sox for a hint.

Bob



To: Investor2 who wrote (87916)6/11/2009 10:44:32 PM
From: GROUND ZERO™  Respond to of 94695
 
Good question, but I expect the 200 DMA to become support soon enough, these markets are going much higher than most people are now willing to imagine...

GZ


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