3/5/09Sadly, there is no follow though last three day bullish morning star candlestick reversal pattern. Like I said on 3/3/09 that there is still no panic selling yet, so no intermediate term bottom insight!! Market is absolute in free falling one direction. It continues going down for 12 of last 14 trading days. Remember I called this down leg on 2/11/09 post titled "Indecision day", I even showed the chart of $CPCE to say this down leg is developing. Now, I read back on 2/10/09 post that "The $2 Trillion does nothing good" that I mentioned Dow index is going down toward 7000, 6000, 5000...
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