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Old 02-02-2008, 12:35 PM
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Re: Market Outlook

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Nothing new. Just try your best.
If you traded your plan then who cares of the outcome.
One trade won't define your net profitability over time...though I'm sure you know this already.

Get ready to take some money from Cramer viewers, I guess he said it's time to go "all in" on the market.

The short side has an appeal to me, I don't believe they could have V bottomed that sharp a drop and stopped the fear regardless of how much the big boys threw in to support the market. We need a W bottom at least IMO. 13,000-13,300 range could prove formidable and need some more basing to break that also...assuming somehow we don't break down to test the lows. I'd love to see some divergence down low to back my overall mid term bullish view.

Good luck fellas

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Price is simply the 2 way auctions method of advertisement. Volume measures the willingness of market participants to transact at the advertised price (AKA perceived value).
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