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Re: [RT] sp500



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Hi Ben & Group-

I was wondering if I could get some type of a concensus 
here?

Do you foresee a bounce from current levels?  And, is this 
the FINAL bottom, or
is there yet another leg down after a rally?

I am pretty clueless right now.  I thought the price was 
maybe right, but maybe
not the time?  How about 777?

Thank you for any feedback.

Chas
=====


On Thu, 09 Oct 2008 21:22:40 -0400
  Ben <profitok@xxxxxxxxxxxxx> wrote:
> down another 25 at night session!!
> Japanese insurance co in same shape as AIG
> 
> Since 1894  we never had , 6 days in a raw ,with more 
>than 2%  correction ,or more!!!
> Ben
> 
> you must realize oversold does not work here
> even my forecast was wrong  for the week
> and only 1 component is  os/ob
> even new hi in vix, new hi in p/c
> no  indicator works
> its all about PRICE
> cycles has the best chance to work here


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