banks, page-75

Can't believe I didn't notice this before but XJO daily and weekly are looking like they are forming a downward wedge. Wouldn't be such a bad thing. Certainly better for the market than a diamond or break from an expanding wedge.

Now I think about it, some of the idea's floating around on here certainly fit.

I'm expecting a bear market rally - fit's
Hedgy is expecting lower soon - fit's
HBG expecting 4700 odd - fits but maybe not as soon as we expect
Volt suggested a bear market for around 12 months - fits
Most indicators agree we are at a low (maybe not The low)
Expanding wedges don't normally behave themselves, a down wedge would probably cause the expanding wedge not to achieve its expected target.

See sharing idea's works... we can all be wrong together :)