nine lives - black dot thursday, page-17

286 points ,that's a lotta points I reckon ,maybe too many points .It's clear to me that whilst short covering rallies can be fierce the potential is there for them to take this market where they will due to the lack of genuine selling pressure .Of course if the want to let it fall to bits they can as well .Personally I'm a bit sceptical of over analysing this market against past performance and benchmarks because it is highly unusual in its makeup of current buyers vs sellers facing once in a generation circumstances .The retail market is in coronary care and the Facebook debacle would've killed off whatever optimism there was there.

So the key is to make sure that you're in there to your comfort level just in case it goes up. .One thing I've always found beneficial is to follow people who seem to have the midas touch and Obama looks to me to be one of those people .It would've been thought a miracle that he could survive this economic maelstorm in historical presidential terms and he's just been presented with another gift from above in Romney