Im getting the sense that a bottom is not far off now, the DOW had its 1st 9 to 1 up day(90% of stocks rose on the rebound the other day), one more like that should do it. the dow also has these long tails and has reacted strongly to 10yr support at around 10700.
The Hang Seng has also completed a perfect 3 wave decline lasting exactly 1 year.
and on top of that Warren Buffet`s got his cheque book out lately.
RES Price at posting:
$1.25 Sentiment: Hold Disclosure: Held
