Well, in THAT case, the odds may be tipping sooner rather than later (grin). I think the next low will tradable on my timeframe, especially if it comes with a spike down on "bad news".
quark is correct. i noticed mass desperation in the media to tell people to buy after only 1 week down off an all time high. i see much lower levels by oct
If you think you can "see" October maybe you should be reading palms instead of trading...you can still make money if you're wrong.
true; local media my way had a local investment officer...basically saying to hold and "not panic." If this continues downward, I wonder what he'd say next?
I see you found the only dead bear in the trading industry. Too funny. Well, this bear made more money than I know what to do with in the past several trading days. Good trading to the bulls from last week. Hope your stops didn't get blown through.
It was just a single day rally. Not much to get excited about even for a long like myself. The market didn't even recover half of fridays loss.