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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Grandk who wrote (2445)	4/14/2010 12:09:14 PM
From: GROUND ZERO™	Respond to of 222265

You're right, the bearish sentiment has to be taken with a grain of salt, my buy today is mostly based on the daily chart pattern itself and not on the sentiment, it looks like it may have hit a meaningful bottom, I think it's well worth the trade here, that's why I bought it... but, you're very right, this market can still go down to 2... of course, I'll have been stopped out long before that happens, and if it ever gets down to 2 I'll be a buyer again, they're not going to give it away for free... GZ