Saturday, January 23, 2010
Crash!
The possible bounce on Monday came true, and then the market sold off for the rest of the week. They should interview me on CNBC. Every one of the analystis they had last week was bullish, which only served to strengthen my contrary opinion.
A bounce will happen eventually, possibly even on Monday (again), but for the moment it's going straight down. At some point we'll get another wave of buy signals. Meanwhile, here's a chart of the Dow Jones Industial Average. The Climax High sell signals are shown in red:
A bounce will happen eventually, possibly even on Monday (again), but for the moment it's going straight down. At some point we'll get another wave of buy signals. Meanwhile, here's a chart of the Dow Jones Industial Average. The Climax High sell signals are shown in red:
// posted by gigascanner @ 6:53 PM 
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