Heres where we are the oddballs. Our belief that we dont need a capitulation bottom. I have thought this way for almost two months and will belive that until it happens (ggg). My general thought is we are in a trading range. No extemes on top or bottom side. Range from the month and a half back when i forumulated this idea was 796-910 spx. we violated the low by 8 pts yesterday. The high has in effect beeen reduced to 900 now as a result, but should the 788 area hold next week, and we stay in that range for the next 4 months, i take it as a succesful prediction.
steve
so heres to us freaks who think we arent going to crashola. Europe and asia are in their capitulatative stage right now. If we were going to join the selloff we would have. My window for dumpage officialy closes on the 21st of march. Then i fully bullish for a rally.
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