martis's view on the technicals, page-31

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    Thought I'd add my first ever chart from Incredible Charts. It paints a simple picture of where we've been and how the double-top pattern is now complete by breaching the support line. Short term it's bearish (der!). But, providing we stay above the long term trend line, I believe there's still some hope for the long term. Anyone that's sold out or is thinking down the track of getting back in/buying more, then anywhere close to that trend line would be a great place to start accumulating. The fact that many fund managers and the like will do the same at that point will provide a nice boost to the market, helping erase any potential falls - fingers crossed.


 
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