Chris...honestly I think we might need one more flush down in
the market to put in a better bottom. There were a lot of
bottom pickers recently and we might need to flush down again to
wash them out.
Posted by treid4dou on 3rd of Oct 2008 at 04:45 pm
yes....sure..... and also watching the goldstocks for a final
flush.....although they might perform better than Broads. XAU
around 80 ??? could that be possible ?? its a big
%.....but if we are in wave 5 its the equivalent points of wave 1,
from the top of wave 4. Maybe we correct less....and still
avalid set up to go long goldstocks.... We should be selecting
which sectors will outperform.....
Chris...honestly I think we might
VIX 60 min.png VIX 60 min chart in a triangle pattern
Posted by matt on 3rd of Oct 2008 at 04:23 pm
Chris...honestly I think we might need one more flush down in the market to put in a better bottom. There were a lot of bottom pickers recently and we might need to flush down again to wash them out.
yes....sure..... and also watching the
Posted by treid4dou on 3rd of Oct 2008 at 04:45 pm
yes....sure..... and also watching the goldstocks for a final flush.....although they might perform better than Broads. XAU around 80 ??? could that be possible ?? its a big %.....but if we are in wave 5 its the equivalent points of wave 1, from the top of wave 4. Maybe we correct less....and still avalid set up to go long goldstocks.... We should be selecting which sectors will outperform.....
I view 9800 area as
Posted by cspirit on 3rd of Oct 2008 at 04:31 pm
I view 9800 area as the flush down from here. Time will tell.