Where will this down leg bottom?

I think its getting very oversold out there. Good chance for a nice short covering rally this week. After that, it depends on what happens with Iraq.
 
Quote from DisciplinedHedg:

Where did all you bears come from all of a sudden. All of a sudden theres doom and gloom and everyones expecting us to break the Oct lows decisively.
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It's not a question of bullish or bearish. Are the averages holding at support or not?

--Db
 
It'll bottom when it does. Too much time is wasted wondering what the market will do. Just think of what you will do. If it does X I will do Y etc. It's a lot more effective and effecient.

Brandon
 
Quote from Brandonf:

It'll bottom when it does. Too much time is wasted wondering what the market will do. Just think of what you will do. If it does X I will do Y etc. It's a lot more effective and effecient.

Brandon
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True. But it's still fun to argue with people, just as it is to argue about who will win the Superbowl.

These charts are meaningless to me personally, as my system won't be bothered either way. Oh, btw, speaking of my system, it is being sold for an introductory price of $50,000. If anyone is interested PM me.
 
i suppose when the Corso's of the world start seeing hell on the horizon it's probably safe to say the bottom's either behind us, or not much lower than the oct. lows...
 
If Bulls show up declaring how big of a winner they really are (and demanding our finest meats and cheese), then we haven't seen a bottom :D.
 
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