HI, BORIS!2 QUESTIONS:1.DID YOUR OPINION ABOUT BOTTOMS FOR MARKET IN SEPT.15 AND ONE MORE OCTOBER 1 STILL IN POWER?2.LAST 2 DAYS FINANCIAL SERVICE /BKX/ AND REAL ESTATE WAS VERY STRONG,-MAYBE THEY PAST BOTTOM? OR THEY WILL RETEST JULY LOW IN NEXT 4-6 WEEKS?THANKS,VALRY
Hi Boris, Has the status of the 3 beasts changed yet to match the thieves, or close to it?
Dear Valera,Yes, my projections still indicate bottoms around those times.Remember though these are timing tools and do not neccessarily dicated the THE BOTTOMS at those times. RIght? Ok, I think though that the Sept Bottom will probably, at least , come close to the July bottom.Now, we also, have set very clear criteria for bearish case being negated. And that is a new high above the highs of thursday in Nasdaq. That is so simple.Could be Financials have bottomed, can not say definitely. We have certainly called a beautiful bottom on BKX right at the bottom , weeks before stating that the 54, 45 and 34 were prime candidates for the bottom on BKXGood Trading Dear Valera
Dear Hopper all beasts are matching the bearish mood now.Good Tradng
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