Recent action suggests perhaps that the final wave down will be pushed out, preceded by another rally to kiss the falling top rail from below. Again, MOST normal people should just be cost averaging into something golden and not trying to catch the exact bottom because models are just models. But perhaps save back an extra big purchase until we get the indication that the bear is actually bottomed for good and we do not have that yet according to my models. I have lost touch with what Avi is saying these days but I suspect it is similar.
A fall below cyan "b" below means that the above model becomes primary again but for now I have to think that the model below is the new primary.
No comments:
Post a Comment