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


To: GROUND ZERO™ who wrote (93165)8/12/2011 8:30:38 AM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Yes... and the dollar around 62.

To me, pessimistic means a forecast is low in absolute numbers - for example, if folks think the SP500 will drop 100 points from here, to me that is pessimistic because I believe it will drop to the 900s or below which is 200 - 300 points. And it may go as high as 1280 before dropping there.

All bets are off, of course, should we get a volume ratio up buy signal... that would be Mr. Market telling me I am wrong. <sigh>

Gold and some of gold indices seem out of whack with each other - BWDIK?

Bill