was the bail out package withdrawn, page-15

Sarala

I can't say we don't go lower.

However movements of this size don't continue week after week.

They are either the culmination of a move or a midpoint.

This is not the end of the world and the fact that it feels like it is something that old market traders love.

This is a time when you start looking at what you will buy from the carnage and you don't have to buy the exact bottom but wait for some indication of the bottom unless it doesn't matter to you.

As a general rule, you buy the blue chips when a turn or even a rally is evident.

The lesser stocks are for a secondary wave up should it occurr and the spec stocks are for a final 3rd wave up only if you are nimble enough to escape before the overall top.