capital wednesday, page-133

I haven't studied it but they seem to gyrate around and go nowhere one way or the other . Sorry for the detailed technical explanation but that's the way I've always seen it.

Speaking of this I've also seen markets like this one many times and people are always putting up a myriad of reasons technical and otherwise as to why it should fall over which loses sight of the central driver which is that it wants to go up evven if it's going to be very hard work.

I know there's no reason why it should and that the macro factors are undeniably negative ,technically the usual indicators aren't positively consistent ,however it's probably one of those markets that is going to confound those who look too hard for an answer .

Just my feeling at this point based on gut instinct