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Thread: Rest of July

  1. 07-11-2005, 02:44 PM #1
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    The_Technician
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    Recently, I have been studying the market trend....given out current situation that has changed here severly in the last quarter I feel we have set a new MO in market trends.

    After ananalysis over some recent data,I feel like we will continue the yo-yo with a bottom around July 22-23, we should rebound from their only to yo-yo again with another bottom around Aug 20...

    from there.... its whatever it will handle and looking for a market to top out and correction to start sometime inearlySept thru earlyOct....from there, I feel its down from there...could go 30% down or more....

    So I'll be playing it till then.....:^




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  2. 10-11-2005, 04:54 PM #2
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    The_Technician
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    Let me update this till EOY...

    Feel like we're going down below 1130's soon on the S&P....so keep your hats onduring the slide.....it seems we will have a reprieve starting late Dec for a short period, but I wouldn't put money on it at the moment....considering the economics as they stand.....longer term bottom could be in the low 800's on the S&P.....the four horsemen sure have hit it strong of late....:?

    The question is... Where is the bottom really going to go??

    :dude:
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