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Re: Warning/Info about correction,where did u find it
In my brief experience with doing this, I saw no one article or one specific instance that said that on Feb 27th, 2007 we would see a "correction". What we have heard, on CNBC and other news reporting agencies, is that this market, according to analysts, is priced to high. That there is a correction that will be taking place. This is just talk and speculation and will never be able to be seen specifically on a given day. I have heard from some guys on CNBC & CNN that there is going to be the dreaded 10% to as much as 25% correction. I really don't know if there is much supporting this, but at least they get on tv with this sort of talk.
I think if you want one true indicator that could possibly have shown what was going to occur would be the international financial markets. They all were looking quite low and this, speculatively (great made up word), could have been a signal.
In my very uneducated experience, this would have been near impossible to foresee as many of the other "tools" we Rule users use did not indicate any type of major drop in the market as a whole, or individually.
Have fun.
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