Re: [RT] Don't see that we have bottomed--even for the week.

[ketayun <ketayun@xxxxxxxxxxxxx>]

This is precisely my point, Ira.. We have not bottomed and I cannot see going long.

 

This was in response to someone's e-mail about the market and vix bottoming.

----- Original Message -----

From: Ira

To: realtraders@xxxxxxxxxxxxxxx

Sent: Tuesday, April 15, 2008 10:32 AM

Subject: Re: [RT] Don't see that we have bottomed--even for the week.

Here is one other thing to take into consideration.  This is option expiration week.  If you don't like that one for staying out of the market until you get a signal try this on for size.  This is also earnings week for Citigroup, JP Morgan Chase and JNJ, INTC,KO, IBM,PFE,UTX,and CAT.  So have fun with these Dow stocks reporting as they are a major force on the S&P also.

 

 

Ira
www.delta100.com

----- Original Message -----

From: ketayun

To: Realtraders

Sent: Tuesday, April 15, 2008 4:53 AM

Subject: [RT] Don't see that we have bottomed--even for the week.

Quarterly Chart-Attached

Monthly Chart    Attached

Weekly Chart     Attached.

 

 

 

 

 

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