Posted by sschulman on 4th of Jun 2012 at 01:12 am
Ohh, ok, thank you Rbreese. I'm looking at
a daily chart from last summer. So you say they started
accumulating at the lows in August/11 (That was around spx 1120).
And they continued to accumulate for another 4 weeks (That was
while the market churned).
It didn't go much lower but it did churn. Then the market took
off. Maybe it won't plummet much lower this time either. You say
they've been accumulating this time for 2 weeks already.
.....Susan
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Posted by sschulman on 4th of Jun 2012 at 01:12 am
Ohh, ok, thank you Rbreese. I'm looking at a daily chart from last summer. So you say they started accumulating at the lows in August/11 (That was around spx 1120). And they continued to accumulate for another 4 weeks (That was while the market churned).
It didn't go much lower but it did churn. Then the market took off. Maybe it won't plummet much lower this time either. You say they've been accumulating this time for 2 weeks already.
.....Susan