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


To: Wayners who wrote (22847)8/4/2011 2:38:49 PM
From: gastrodoc  Read Replies (1) | Respond to of 219495
 
Nice post.
Clearly I need me a machine. My hands are all bloody from trying to catch this knife. What's shocking is that my account is still above what it was in mid-June (tho not for long)
No problem, I'll just go back to panning for gold....



To: Wayners who wrote (22847)8/9/2011 6:36:43 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 219495
 
I'm sure many are panicing because they have any idea where support is.

Exactly right, I fully agree... my model tells me that rock bottom support is at 1057.60, that should be the bottom tick, if we actually get there... if we close below that price, then we can expect to see the SP free fall to 660 again...

GZ