bearish top formed , page-24

snacks....agreed...i will only sell if the dow closes under 13500....Most of the traders and investors...cant see the danger ....It funny whenever the dow breaks under 13500,...it quickly rises above.....as millions know that a close underneath 13500 with strong volume will send the dow into a tail spin.....i am very nervous ...but have also hedged against it....
But snaps if the dow starts to rise above 14000...we can become very bullish....my biggest concern is china....for without china..the dow would be trading at 10k as we speak....the implications ensueing from the hang seng index rising in a vertical fashion...and mind u i think it might go to 40k...is that the crash when it comes...most probably will be the worse in history.....
In regards to the australian market we have some really big problems brewing...higher interest rates ....inflation...overheated property market ...which i could see collapsing in the next 6 months....and the stockmarket....might run a little further towards 7500...(maybe)....in a vertical fashion ...again following china........but i am sorry to say that the aussie market ....will experience a crash as bad as 87....i love it when many say its different this time....but little do they understand that fear..overcomes rational behaviour...meaning...when all run for the door...the capitalist regulatory system...become's void...

Snacks...what ever u do...it seems that ur thinking is not as distorted as most blinded bullish sheep....as for me i shall stick to mrx....and have also bought a few uranium and gold stocks....but with a small outlay...i have also hedge against a drop in the markets....
.....snacks....the markets will always be here......preservation of capital is the most important factor in a traders guide to survival......