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Just one last note…we promise!

ByGary Kaltbaum
2 Comments
Lots of questions being asked so one more email:
We do not believe recent lows get taken out any time soon. We know the last rally only lasted 10 days but bear market rallies usually last a multiple amount of weeks. Time and price take care of the stretched, extended and oversold conditions. Even though markets have pulled back in the past two days, we suspect we will get more of the jagged, pain in the rear, up and down action that bear markets usually give. If by chance the lows do get taken out soon, that would just tell you markets are really, really, really weak.
Taking a nap!

2 Comments

  2. Great Comment!! I too, was wondering whether we would break the recent low now. Thanks for the explanation. Time and price.

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