Feel Oversold? Not on the weekly charts. Watch the 3/10 for a possible cross-under. If the bulls do not defend the lows then, well, you get the point. I'm not suggesting to run out and go balls-in on the short, but let's just say things are getting REALLY interesting. We [bears] have one powerful force working against us now and that is I've detected a bearish tone out of Cramer. Son of a.... But he's already declared the lows in the Dow at 7400'ish and it was silly to talk about depression (says he) so I'm going to have to defer to the judges on how to react to his recent sentiment.
