warning, page-31

hey hey hey Boo boo, did i not warn you to keep an eye on your pic-er.nic baskets ??

I believe it was Peter pumpkinheads chart yesterday that gave us the clue as to what has been happening. the bulls believed the extended pause in the fall was due to a bottom forming. I never believed that to be the case but i do confess to being a bit bemused as to why we paused so long...PPs chart tells all. China has just finished a full on 50% bear market rally which pulled up at the 200 dma. I believe (but could be wrong)that other markets were held up by this rally.....remember me bleating on about lack of market breadth the other week.....most of our stocks were at or near lows but our miners were on fire simply because china was rallying (once again IMO).

now as china starts to reverse again watch the our miners crumble. remember china rallied around 50% and the best we and the US could do was to stay steady.

say hello to the dow 6000s