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Re: forzagrifo post# 1283

Wednesday, 10/07/2009 9:46:42 AM

Wednesday, October 07, 2009 9:46:42 AM

Post# of 2232
"I think this market still has some ways to go as there's a lot of people still sitting on the sideline."

Hummm lets see 87% bullish, lots of money on sidelines. So you conclude the 87% bullish are not long and are sitting on cash waiting for a pullback. Your logic is not sound.

You got this part right
"True when the more people believe this is a new bull market the more likely the top is in,"

But if someone buys and takes a blood bath in a sharp market down thats there gig. I only post what I see coming.

Just like I did the 6 Mar about 1 hour before the market bottom. That by the way was based on EW, not my buy/sell PUDA.

"The best period I have had in the stock market was from the 6 Mar to today. What was I saying the 6 Mar, read the post."
http://ragingbull.quote.com/mboard/boards.cgi?board=CWPC&read=56280




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