Jun

17

100 Points, from Jim Sogi

June 17, 2011 |

It has been just over 100 points pretty much straight down since the high over a month ago to today's low. Common sense and hope tells you it ought to be bullish, but it ain't necessarily so scientifically speaking. The drops sure are dizzying and the pops are breathtaking as well. You can see see how they design them to scare the living daylights out of you or suck you in deeper and the rallies are designed to give you hope but just shy of a new high. Takes some strength, stamina and savvy to be involved here. In 08 the drops went into the hundreds. The action is all day and all night long without let up.


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