Thursday, March 01, 2007

Capitulation or NOT

Early plunge did seem to TEST the previous low

11am

Will NOON bring in a retest low failure??
In other words, WILL it be SAFE To BUY??

Answer is really YOUR own analysis.
My guess is "OK to NIBBLE"

Will tomorrow sell off again??
Answer :Possibly

As YOu can seee I have NO crystal ball, but I did disclose the psychology of the day.

Jay

2 comments:

  1. Jay,

    Keep up the good work. Really appreciate all your comments.

    ReplyDelete
  2. HI Paul
    Thanks
    Send me an email
    Please tell all your friends to read my blog.
    Ive got NOTHING to sell, just want to spread my name.
    Maybe someone will ask me to work for a major fund, or trading company?
    But for NOW, I make my own $$ by my own trades.
    best wishes
    Jay

    ReplyDelete