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Has the 'bull' lost its leggs?
Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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QW25091985 wrote:let me clear the confusion here ! Basically what we are seeing with the downtrend is NOT an end to the bull like some are saying . its a retracement that i had earlier called for to retest the trendline ( as shown int he image below) Until we break the trendline then i will be getting bullish or staying of the market and monitoring the situation. since we had bottomed from the 3072 lows am bullish on the index and i expect the trendline to hold the index .the trendline is the black line running up the chart below !  slowly but surely we are heading to the black line on chart above ! if you are a bullish on the indeed ( which you should be ) you could be buyin any stocks that have fallen with the index and expect a bounce of that black line (trendline)
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Rank: Member Joined: 9/25/2007 Posts: 96
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Which stocks have fallen with the index?
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Has the 'bull' lost its leggs?
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