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Replies to #29670 on FOREX TRADERS
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jrbscrazy

02/04/09 4:36 PM

#29671 RE: daiello #29670

Historical fact: Markets bottom 3-5months before the end of a recessionary period.
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SherriT

02/04/09 7:41 PM

#29687 RE: daiello #29670

Equities, yes, I totally agree, and I am somewhat skiddish any time I go short U/J because I do feel it isn't going much lower. Granted, we might have a bad day or two in between, but I don't see anything below 7500 again, so close enough for the long term investments.

If I had the cash to simply sit and wait, I would load up and do just that...however, we all know what a whipsaw or move in the opposite direction will do, so I just keep on keeping on.