....sure helps to keep an open mind...
1044.31 was the top on the S&P on 14/10/08..if you revisit the few days before....ye olde waterfall of about 300 points in the preceeding days into the 10th Oct low 840 with a record all-time volume...recovered the next couple of sessions to hit a high 1044.31...(200 points in 3 sessions not bad!)
Bulls got a mauling from then on....
close on 10/9/09...1044.14...significant?
if the pull back is coming, you'd better bring it on....or the bulls will charge back up the waterfall
I have 17/9/09 as 38.2% time and price retracement at 1015
...so a little easing off the pedal might be in order...G20 meets on next Sunday....enough to make anyone nervous by the end of the week
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