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S&P 500
5,554.25
(
0.20%
)
US TECH 100
18,971.20
(
-0.03%
)
Dow Jones
40,659.76
(
0.24%
)
Brent Oil
79.17
(
0.00%
)
Bitcoin
59,133.99
(
0.41%
)
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Blackbelt1

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Blackbelt1

Re: golfin post# 13866

Thursday, 09/08/2005 4:10:27 PM

Thursday, September 08, 2005 4:10:27 PM

Post# of 51831
Golfin - You may be right. As of this moment, it is still speculation. The setup, however, in both the market and oil is perfect. Absolutely perfect. And you are also correct to say that too many smart people could be on the wrong side of the market right now. It isn't easy pulling large chunks of cash from the market in a hurry.

I may be requesting your address so I can send you the award for brilliance and bravery.

Let's see what happens with oil. The price of oil has reached the region where it has become a fundamental catalyst big enough to tip the trend down and bring the market into an early 80-week low. Brilliant--if correct.

BB
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