| StockFetcher Forums · General Discussion · Have we truly bottomed? | << 1 ... 2 3 4 5 6 ... 10 >>Post Follow-up |
| WALLSTREETGENIUS 983 posts msg #60106 - Ignore WALLSTREETGENIUS |
3/1/2008 11:00:34 PM We truely HAVE bottomed, but there will be much more side ways movement over the next year or so. This current triple bottome of the MACD-H last did this back in 2001, and took another year to fully recover. This upcoming election should really get the ball rolling. For you long term investors, this really is the best time to buy though! Riggs |
| nikoschopen 2,824 posts msg #60107 - Ignore nikoschopen |
3/2/2008 2:29:07 AM |
| zeezeetop 30 posts msg #60109 - Ignore zeezeetop |
3/2/2008 1:31:19 PM Well documented Niko! Keep an eye on SDS and forget the rest. In addition, DOG may yet have its day. I've probably been watching too much Matt Nesto on CNBC. |
| karennma 8,057 posts msg #60110 - Ignore karennma |
3/2/2008 4:35:13 PM "In a downtrend, the lower Keltner hugs the lower Bollinger" ... ================================================== Good! Let the "hugging" begin! I'm short and ready! LOL! :>) |
| johnpaulca 12,036 posts msg #60112 - Ignore johnpaulca |
3/2/2008 6:36:34 PM The 3 week average of Bearish Investment Advisor Sentiment has risen above the 35% level so I expect some relief here...I expect prices to move higher, maybe an oversold bounce. |
| nikoschopen 2,824 posts msg #60114 - Ignore nikoschopen |
3/2/2008 7:35:26 PM OMG I used to feel like a dead bear walking. Now I can chummy up to other bears without getting so much flack! Hey Karen, while everything looks so dandy on the monthly chart, it's a lot uglier when you look at the daily chart -- as you already know (wink wink). But I hope you ride this market down with me to the gutterville. On a related note, the S&P futures already trading near the Friday low on the globex. My hunch is that they (whoever that may be) will take the market down significantly in the morning only to push it back up in the afternoon. |
| zeezeetop 30 posts msg #60115 - Ignore zeezeetop |
3/2/2008 9:45:01 PM This sounds like bear hugs. The last bear I actually saw wasn't a character regarded as hugable. Let''s see who blinks first, the bulls or bears. A short term up should turn into a longer term down. I'm buying SDS on the short term up. |
| nikoschopen 2,824 posts msg #60177 - Ignore nikoschopen modified |
3/4/2008 12:19:50 PM
It looks that way for now. However, there should be another surge of buying before this market cracks for the last time, which will most likely come when the January low is retested. Yeah, good luck with selling this idea to Mary4Money! LOL |
| zeezeetop 30 posts msg #60197 - Ignore zeezeetop |
3/4/2008 10:31:34 PM OK.....I'll jump in the hug fest, but I'll pass on a bear hug. |
| johnpaulca 12,036 posts msg #60199 - Ignore johnpaulca |
3/5/2008 9:31:34 AM just finished polishing my crystal ball... I see an up day...today. (<:) |
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