Not a soul alive that I've heard or read has talked about this in quite a while. Most seem to be in the "worst is behind us camp." This is one chart, but the S&P looks iffy as well. If the NASDAQ cracks and confirms DOW and S&P we may be in for some pain. The jury is out on whether a crack in oil will help us here.
Friday, June 6, 2008
Can You Say January Lows?
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About Me
- upsidetrader
- I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.
2 comments:
THIRD TESTS USUALLY BREAK. EXCITING TIMES AHEAD. VIX AND SKF CHARTS TO BE TRACKED.
they say there are no triple bottoms so we'll have to see
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