Being a Bear is kind of like being this cat in front of a pack
of Pomo Pumped Banksta's trying to reach critical mass and get
retail to pour back into this thing we call a market.
This may not be "the top" but it certainly could be.
The Fib and Horizontal Resistances are some of the strongest
yet presented to this advance.
The reverse holds true....is these lines are broken then
retail may very well rush in to stage the final debacle.
Cats, German Shepherds, and DWX and IWM
Posted by steveo on 21st of Oct 2009 at 12:26 pm
Being a Bear is kind of like being this cat in front of a pack of Pomo Pumped Banksta's trying to reach critical mass and get retail to pour back into this thing we call a market.
This may not be "the top" but it certainly could be.
The Fib and Horizontal Resistances are some of the strongest yet presented to this advance.
The reverse holds true....is these lines are broken then retail may very well rush in to stage the final debacle.
http://oahutrading.blogspot.com/2009/10/some-old-friends-index-charts-dow-5000.html
iwm
Posted by moh007ed on 21st of Oct 2009 at 12:51 pm
Thanks for the posting . Do not get 61.80 on IWM. Please explain .
moh007ed