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October 17, 2014, 10:46:55 AM |
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Looking to buy again next day or two. 3day MACD kept barely negative by the obvious selling yesterday. This weekend could be exciting. We may dip lower, or instead take out 4xx again and stairstep higher. If we go below 350 for any length of time I will just buy immediately. At this stage I am assuming we have bottomed at 275, with some pretty monumental support visible there. I suspect we have a few weeks at most before surging higher on high volume, leaving bears scratching their heads and remembering that little heard word on here, fundamentals.
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