Here is a new topic.


Al Kamego

Let me nitpick one thing from that quote. We may see the Dow double in price, but we won't see it double in value. I can just about 100% guarantee it will lose value in that time (value defined as purchasing power per unit/share).

jim- thank you for taking the time to post those articles...

1.618 and 1.27

rat,

Great $SPX chart!

Al Kamego

make or break right here and now:

You're welcome. Just trying to post the ones of the many I read that seem most useful or relevant.

Originally posted by roofer

jim- thank you for taking the time to post those articles...

Yeah, rat, this thing sure is scraping bottom here. I still have stuff down to 40-42, though, so by my work another little leg down is possible. We'll see. I wish they'd just bounce the darn thing and get it over with.

Alright, I'll finish with a little visual. Make sure you look at all the posts and the timestamps. Look on a 1-min. This chart is just a guide for what I was saying. Look at it all. They do this all the time, but especially on a Friday when it sets up like this and is dead at the times of day this was.





Chart created on QCharts, courtesy eSignal