Monday, June 04, 2012 4:40:27 PM
During this process, if we have continued lower closes, a long term uptrend will be broken. If we reach .0035 that could be a double bottom and all talk of a head and shoulders reversal is negated. If we close lower than .0035 we can expect a capitulation panic. Remember the market will do it's best to confound the most people, to humiliate the experts and turn strong hands into weak.
dshade said it best "as soon as you capitulate and sell THAT'S when it will run up." The forces operating here are doing their best to shake out all the faint of heart. You alluded to the sacrifice of Abraham's. Remember also the travails of Job.
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