Tuesday, July 1, 2008

Rally finally happens, belatedly..



A roller coaster today, the rally started, faded completely away and then was reborn. Many will think this is "the bottom". It isn't. Probably this lasts 1 or 2 more days at best, then back down we go...

Note the approaching .500 node on the lower right, that represents 07/21/08. I think that will produce a bigger bounce then this will be, although it will not be the end of the downtrend either...

1 comment:

lagscrew said...

I love this post---THX--Agree for more down yet