hits a new high ~1.51, that's a good sign for the bulls.
Very possible, SP may head to the next important level, ~1200, after the Thanksgiving holiday, as pointed out before.
Wonderful year 2009 so far this year.
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I agree. So why pretcher has gone 200% bear?
ReplyDeletepretcher may be wrong in short term. I have not seen any warning signs from the chart. I trust my own chart reading.
ReplyDeletePretcher's theroy is for long term, at least you got to look at it on the weekly timeframe. His last important call was around March for the market bottom. If you make a big difference in your life, ie, 100k to 1 mil level, the opportunity is coming next year on the bear side , but , the big but, on the flip side, you got to be ready lose big and endure the pain.
ReplyDeleteIMO, in trading or in business, you got be ready to make the do or die move when time is up. LOL
Tiger, happy thx giving and appreciate for the all the good work.
--bokchoy
bokchoy,
ReplyDeleteWell said.
I really like these words: "in trading or in business, you got be ready to make the do or die move when time is up." It's so true.
Happy thanksgiving to you as well as all other friends here !
Great year so far. It really is.
Tiger
I think Pretcher predicted it right this time; Black Friday due to dubai issue. Worldwide stocks dropped on Thursday (Thanksgiving).
ReplyDeleteThat's possible, for sure.
ReplyDelete