forgotten friday, page-38

The 1007 level was a bit mystical as it is:

- The next horizontal resistance after the 11 June high and (the high of 4 November 08 - 1007.51),

- 3/8 retracement of the entire bear campaign (1007.78).

The coincidence still has my mystified. Can anyone explain that one to me? It might be obvious to another's eye but I still can't see why that has happened like that.

McLaren's suggesting that's the target now, 1007. He went from bear to bull after Monday's rally - publically anyway. I guess in a sideways movement commentators will be changing views all the time, because it’s moving sideways.

ps Welcome back Volt imho the place was stripped of its major asset in your absence.

Cheers Chris