xjo weekend zoomba lounge, page-49

Streuth, reading Hot Copper has become a sombre affair lately. Would have thought the world had come to an end on Friday. Banks going default, maybe even countries hooley dooley. I reackon the swiss should be buying greek islands, not Euro's.

Anyway in an interview with FlaminBerg news, Greeces minister for foriegn relations Con Dikaletis was quoted as saying, "These a nectarines is lika tha Euro. If you look at him up close, his no so ripe. A couple of days tho - beautiful!"

Seems everyone forgot that Obama wants to spend hundreds of billions on creating jobs awefully fast.
So, weekenders, whats wrong with the chart below?

I may go bear hunting early this week. If your selling this week B Diddy, ya may be selling to me. I am looking DJIA to hold 10900, the accumulation pattern is still in play (still higher lows). The higher lows are still here if it stays well above 10720 (previous low).
10720 needs to hold much more important than the 11000 level. It finished the Friday at the lower end inside the range, so I will be looking to enter new longs probably after a gap down on our Monday open, or around Europe open.
Important support lies around 1130 SPX and 4050 SPI. If those levels can hold, there is still quite a bullish case in my unhumble biased opinion.