ahhhhh...just blurt it out i say. this board has quite a variety of "systems" and concentrations...i would not say any one is better than the other...it's a matter of the technicians using/interpreting them.
i tend to agree that this might be a blow off bottom. but i think it will be important to watch the strenght of a retrace or, if we continue lower, the supports from the 6 months channel we have been in. for me, the approach i am taking monday is looking for an entry long by midday, with a stop at the LOD. also looking at a possible gold play.
BTW, it doesn't cost anything join stockcharts.com as a free member.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.