![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjad4m34_GwMoM43FeHnWQ7KXe-rMg3uxvgsUjr3sDM8Zlzx-y0W7K9td4zzToTYmSmcYtiOgKEd_uI-noH504roab4onkoGM2N8ftcAQKK_hmUssObTvEQljIvdd0njSPeYmQ6qJY0AaU/s320/$NDX_trendline_01_07_08.jpg)
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:
I love this post---THX--Agree for more down yet
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