Tuesday, October 4, 2011

Bottom Today or Tomorrow

The market is in the last part of the freefall.  Odds are extremely high that we bottom today or tomorrow.  The velocity of the selloff is unsustainable and the bounce back will be quick and sharp.  It is too bad there is no bad news to cause panic.  But there are very few perfect opportunities, you just have to play the odds.  The odds heavily favor the bulls at these levels.
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4 comments:

  1. alexnewbee10/04/2011 10:06:00 AM

    could crash be close?

    ReplyDelete
  2. Market Owl10/04/2011 10:28:00 AM

    We're in a slow motion crash right now. What are you expecting, the end of the world?

    ReplyDelete
  3. Anonymous10/04/2011 03:14:00 PM

    I'm looking for 1064 support..

    ReplyDelete
  4. Anonymous10/04/2011 03:51:00 PM

    SQUEEZE!!!!!!!!!

    ReplyDelete