Barron's Online - Getting Technical
Michael Kahn from Barron's is still bearish. He has been right more often than not. The charts in this article look grim and sort of tie in with what I have been writing about.
Gulp.
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1 comments:
Hi Roger. For those miserly folks that don't want to stump up a Barrons sub to read the article the post will be somewhat of a mystery... How bearish is he? As I am new to this blogsite may I ask how bearish are you?
From what I can gather some folks seem to think 1060 test for SP500 is scary, whereas others looking to at least retest and maybe undercut March 2003 lows, though less clear about when, understandably.
May I be so bold as to ask for more details on your bearish technical thoughts ;)
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