It would be good for us to digest some gains or build a new base here..... We have discounted Armageddon, now we need some ok news.
We still need an aversion stage, and this smells like wall of worry.
Tuesday, October 14, 2008
some thoughts
Subscribe to:
Post Comments (Atom)
4 comments:
SKF at 113.9 when I commented. Now I need an exit. Keep overnight?
nice... that was a compleated ABC correction... that was a great chance to buy into the banks I track and they are off to the races.
seems like a secondary uptrend, Not sure I'd say in any short long term
Got out half at $121.5 and the rest at 120.30 at 3pm. Then it came back down.
I just did a post to point out that as opposed to some of the "V" bottoms we tend to make. There is a chance of sort of an extended 6 months of weakness or even flat motion.
Post a Comment