Yessir!!! I am always biased with the longer term trend - or at least I try to be........when we are at these levels, it is easy to be biased the wrong way tho. I read another poster's opinion saying that as long as everyone expects a bounce, forget it! I agree with that as well.............until proven wrong that is. Steve
Watching ES to see if it'll fill the gap down to 891 or so before bed time. (Secretly hoping we zoom to the moon :-D) Steve
No economic news in the morning, I think the bond market is closed, g7 making headway, and futures moving up. Add in one hell of an oversold market with an intra day double bottom on Fri....my curiousity is peaked, long Q's at 30.50 for the weekend, and also hoping we zoom! Hope it lasts a few days if we do.
the white monday thread and everybody calling an intermediate, short term, long term bottom tells me that monday we will be down. ET after all is the ultimate contrarian indicator.
exactly, too many people call bottom here, monday will surprise those bottom caller and down huge again
liulala Registered: Mar 2005 Posts: 140 10-10-08 03:26 PM my 23 years saving lose 40% in such a short time, i am out now. byebye wallstreet, never trust a dime with this animal Looks to me like you are hoping for a crash because you liquidated close to an interim bottom.