trendline is at 220 222, page-17

omega

what does your gut tell you when you look out in time to the end of july/early august i.e. a timeframe with the jorc just announced ?

i ask this because when you talk of your gut feeling i pick up that you are really talking about an anxiety (being influenced by today's market sentiment i.e. a collective anxiety).

i ask this because if you are trading the day to day swings then obviously you have to be in tune with sentiment. if you are looking further out in time, are you as pessimistic about the sp ?