its interesting this thing about everyone seeing the H&S
pattern and that could make it not work. In a way we pick and
choose what we apply that reasoning to. How about the idea
that the S&P is headed to 1000 - 1100 over the summer/early
fall? EVERYONE sees that. Everyone agrees about
that. this blog, the EWI guys, John Murphy, bulls, bears,
longs, shorts, talking heads on tv -- everyone is looking for a
bear market rally or the start of a recovery -- either one -- that
takes us to 1100 before anything other important direction
occurs. How can that be?
everyone sees the pattern
Posted by Michael on 15th of Jul 2009 at 10:12 pm
its interesting this thing about everyone seeing the H&S pattern and that could make it not work. In a way we pick and choose what we apply that reasoning to. How about the idea that the S&P is headed to 1000 - 1100 over the summer/early fall? EVERYONE sees that. Everyone agrees about that. this blog, the EWI guys, John Murphy, bulls, bears, longs, shorts, talking heads on tv -- everyone is looking for a bear market rally or the start of a recovery -- either one -- that takes us to 1100 before anything other important direction occurs. How can that be?
YEAH, how does that work
Posted by averageguy on 15th of Jul 2009 at 10:30 pm
YEAH, how does that work ?