FS et al.
I presume you're already aware that McHugh is forecasting a 61.8 retracement on the Dow.
I find it hard to imagine at the moment (nothing new with that one) although with what I've learned from this thread everything seems to suggest that an intermediate term (min 2-3 weeks) low is in....
- Everything on my watchlist has hit my idea of a bottom, even if they're not crash lows, or has held up and looks bullish.
- Every chart has big green things the last couple of days.
- Spi discount a couple of days ago (not huge, but real)
- Price (Aus banks look cheap to me)
- If we have any kind of rally bhp will look bullish and I'm thinking head back to 40.
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FS et al.I presume you're already aware that McHugh is...
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