Who says you can't predict the market?
Quote from Pekelo:
Today was a Step Down Day (my trademark) and it went according to its timeline. I mentioned it early in the chatroom.
Pekelo (Aug 28, 2007 10:42:57 AM)
by the way we are proceeding according to SDD timeline
Pekelo (Aug 28, 2007 10:46:42 AM)
so anyway, here is how a SDD proceeds:
Pekelo (Aug 28, 2007 10:47:00 AM)
Dow is down in the first 90 mins by 100-120
Pekelo (Aug 28, 2007 10:47:14 AM)
then bounces back and channels for the next 3 hours
Pekelo (Aug 28, 2007 10:47:22 AM)
then usually more down after 2 pm