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31/10/12
20:32
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musashi,
thanks for the chart.
You were beating your chest quite a bit last week, but you continue to avoid making a call.
We all know if the SP takes a dive that it's not good news and is likely to remain low. That really isn't an insight.
Make a call. Is it going up or down and by how much.
Get that right 100% my friend and you'll deserve all the credit due.
But you're not doing that. If it break higher, we go higher; if it breaks lower that's not good.
You're having a bit each way here and then looking to claim the credit whatever the outcome because you pointed out the possibilities.
Make the call. Which direction and by how much?
p.s. I like technical analysis as much as FA. They're both useful.
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