InvestorsHub Logo

sentiment

06/15/11 7:09 PM

#45639 RE: techcharter #45638

Tech, I would be surprised if the markets didn't rally from here, a lot of people are looking for 1250 or lower, but I think we put in a double bottom washout. Some of my indicators hit extremes only seen during the 02 & 08 bottoms, Ive been looking for a bear market top to be put in as well & we may have seen the highs, but based on some other data , I would be surprised if we didn't put together at least some type of multiweek rally or corrective consolidation upward 1st.



I'm also not ruling out us moving to new highs with some big divergences before crashing later in the year