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bobalou

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Reply with quote  #1 
what do we see..in this chart, it hit a 1,,in oct 08,,in theV L T view the last time was 11-01-01,as before,the market can make a lower low.. (9 mo. later ?)
last week it hit a 79,,not so good, but not none yet,,over bought takes time,,(but,, move stops up )


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bobalou

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Reply with quote  #2 
this could have time on the up side,look to April of 07,

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bobalou

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Reply with quote  #3 
too many bulls
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bobalou

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Reply with quote  #4 
the last time we were up this high was May of 03..did they kill all the bears ?

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bobalou

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Reply with quote  #5 
in looking back to 03,,if the bpndx can stay above 62, on the next pull back ..it may be time for the xmas buy

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bobalou

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Reply with quote  #6 
on the plus side,xmas run,and, the 4 mo. low is in play, but the bulls have to jump in Soon,..how much up side is there when your at 74 %...support at 70.,then 60...now...as you can see we need to get over 83, not good,but doable ??..I would of liked a bigger pull back..

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