friday trading, page-22

Hi Tregg,

You mentioned:

A test of 100% retrace of the bull run is now a strong possibility imo and could occur in a consolidation period given the size of market movements.


How can it possible given the way the US is falling apart on the daily basis? We have been talking about a bottom for months - it has not happened yet. It would be great if we could possible go the opposite direction. Short selling has been aggressive, develeraging and redemption are ongoing. Who would have the funds to chase the indexes up all the way..

Would appreciate your explanations.

JK5