Dow low in place

[padutrader]

ATH soon

do not short Dow

 

[ges]

I doubt the low is in place. Maybe short term. Volume is low on this 'rally'.

 

[Sekiyo]

ATH soon

do not short Dow

What do you mean by soon ?

 

[tiddlywinks]

Volume is very shallow all around given the depths.
Obviously, there are few buyers, but the other side of that is there is no panic to get out.
Another aspect of the low volume are the limit down moves and halts, it generates a wait and see due to
the general rarity with the indexes, unfamiliarity and again, the depth.

 

[RedDuke]

Padu, your biggest mistake is to think that you know something, where in reality you know shit. The difference between you and I is that I know that I know shit, and developed my models accordingly.

 

[padutrader]

Padu, your biggest mistake is to think that you know something, where in reality you know shit. The difference between you and I is that I know that I know shit, and developed my models accordingly.

and will you dump your models in the nearest city dumping yard, if Dow is at a level above 5000 points above the low, it made today, by this time tomorrow ?

 

[padutrader]

What do you mean by soon ?

within 4 weeks

 

[padutrader]

Volume is low on this 'rally'.

..….no one is selling at lows.

 

[padutrader]

well bottoms are called all the time in bear and this may be a another case but I do believe there is chance that this may be the end.

if it is not then we are in a much bigger correction

 

[volpri]

This ain’t over. When the pundits all yell hang on then you better hold hold on to your billfold boys. This is that leg down I was speaking of. I see no sign of a bottom yet via PA.
Whoever has been loading up long best have some deep pockets for margin calls.