rber

Will Expected Rally Be Part Bear or Bull?

Charts are but only one of the tools that should be in your toolbox. They're only as good as the history that made them, well, history. My intuition tells me that the "mother of all oversold bear market rallys" won't occur until Mr. Obama and Co. announce stimulus part II as there is absolutly nothing else in the offing but more pain & misery. Besides, based on what, besides your chart are we oversold?