Globex 12-2-08

buying 814.50

STILL THINK LOWER PRICES ARE IN STORE , BUT HOPING IM NOT TOO LATE TO CATCH A SMALL BOUNCE FIRST!

There is a 15min. RTH open gap @ 801.50/808 from 11/21-11/24; going to 805
put us in its middle FWIW

LOWERING MY BUY ORDER TO 814.25

Interesting, REDSIX! Thx. I believe 805.50 is 'in the bag' and my buy attempt here may be a foolish play, however im going to keep it for now.

what a day - Not even a bounce total slide from opening bell.

CLOSING TICKS? (AND AN OVERBOUGHT SITUATION IN A BEAR MARKET!)Remember my post of a few weeks ago on bear markets? Icommented on how most recenly there are usually at least 3 good rallies in them before they end . weve had 2 so far ,27% and about 22% i think. Frankly due to a historic oversold nature of this market, i would have expected a 30% rally for sure!

think we will get a bounce tomorrow? Kool

check out the "week of 10-06-08 market update"(youll have to go to page 2 to get it) bout half way down the page i talk about the studies on rallies in a bear market,on thread dated 10-18-08

nice read Sir!