I don't have any real comments about this, except to say it is good to take a step back and look at where we are relative to where we have been over the past seven years:
I always say that I don't predict the overall market and I don't care if it moves up or down...as long as it moves. But obviously for the general health of the market, I would like to see us bounce off this level rather than fall through it.
_______________
Welcome to the Trader-X blog!
things i recommend:
> TRADEthemove.com - my thoughts
> meditationSHIFT (formerly "tad")- just say "om"
please read before asking questions:
Wednesday, February 18, 2009
Subscribe to:
Post Comments (Atom)
2 comments:
I couldn't agree more. If it were to break the old lows where would it find support? I'm looking at the charts and i see nothing. By the way I'm a college student that has been studying Technical & Dow theory for about a year and a half now. Love your site!
support: 1987 high !
Market looks like a bankrupt stock pattern!
Post a Comment