Saturday, March 14, 2009

MONTHLY SPX CHART IN SEARCH OF CLUES


*click to enlarge.
SEE notes....notice it took monthly MOMO's 2 years in most case of extreme oversold readings to put LAST bottom in. Nothing here says LOWS are in (IMHO)....cannot judge ST rally here BUT last bear and this one could not, has not escaped PULL of the 5 EMA
Duratek I am doing my best to help you, keep you safe. NO guarantees of anything happening as I see them. This IMHO is one of those Bear mkts being TOO early can kill you....nimble traders may already be riding current rally.....is that you? If you aren't a trader now is not a good time to start.

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