A somber but optimistic hello to all forward thinkers, 10,680 on the Dow marks a significant trading bottom in our opinion and we feel S&P 1,168 marks a significant trading double bottom as well.
The market has had a lot to digest in past few days, but we feel most of the bad news is behind us. Any economic growth and final stabilization in real estate prices could have very positive effects on the stock market over the coming weeks.
These are very difficult times for all market participants, and we want you to know we sincerely care. We reiterate our feelings of a short-term trading bottom.
Wishing all a good end to the week, better days are ahead.
The Psychology of the Call team.
Wednesday, September 17, 2008
Attention POTC Readers
A somber but optimistic hello to all forward thinkers, 10,680 on the Dow marks a significant trading bottom in our opinion and we feel S&P 1,168 marks a significant trading double bottom as well.
The market has had a lot to digest in past few days, but we feel most of the bad news is behind us. Any economic growth and final stabilization in real estate prices could have very positive effects on the stock market over the coming weeks.
These are very difficult times for all market participants, and we want you to know we sincerely care. We reiterate our feelings of a short-term trading bottom.
Wishing all a good end to the week, better days are ahead.
The Psychology of the Call team.
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2 comments:
nice catch ~
Excellent call dudes,
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