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Message: Re: retracement

Aug 07, 2008 05:24PM

Aug 07, 2008 05:45PM
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Aug 08, 2008 09:21AM

I have to agree with NL. Careful attention to alot of factors and especially the "emotion" of the markets which can be seen in technical analysis such as volume, macd, rsi, stochastics and price of gold and dollar rally all other indicators as well as gas dropping etc.. etc...

I think it has taken a toll on people's emotions and this is what is happening right now.



Hang on or sell a few because it is not over yet. It will not surprise me to see below 1.40 again. I personally have taken half off the table but the other half is there just in case things turn around.

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