happy easter everyone, page-65

pb,

as i said last week, imo - the current set up on my moving averages doesn't current support your domed house theory as yet.

however, i haven't been working with my moving averages long enough to know if the above does play out the way i think it may (ie possibly another significant low at the end of april/early may), will it be enough to resolve the bearish set up to then support your theory.

until we're closer to that timeframe - i'm not willing to place any bets on the intermediate trend - at this point, the odds of your theory playing out is about equal to continuation of this downtrend til next year???

i'm just guessing at the moment - and i know its contrary to what many talking heads / analysist are saying at the moment (ie the worst is over) - but maybe we should be contrarian when the herd says otherwise.