dead cat bouncing, page-3

Chucke, couldnt agree more with you there. I think i have made many forecasts for all to see on HC, and many have been hopelessly wrong. And honestly while i dont like being wrong, it doesnt bother me in the slightest becasue as a trader who has a plan and a set of simple indicators you will always profit from a market no matter whats happening.

It started going up and down many years ago and still does ( funny that), i prefer to put little trampolines on my cats feet so when he comes down again i know he will go up again.

In time the market will go back to the highs and in time will set a new high. The lowest it can go is 0 and right now the market is closer ot zero than 6880 (high), so there is already more upside potential than downside.

Every high offers a selling opportunity and every low offers a buying opportunity.