farsight your fundamental analyse works most times ..expect when interest rates go through the roof.
Gann you seem to be using technical analyse to try and predict the indices? correct? I prefer fundamental analyse of individual stocks but If I feel the market might fall off a cliff then technical analyse might predict that. Another, better way is to watch/listen to financial reports. Interviews with traders and professional analysts can give a better insight into what's happening.
At the moment, even though I have oil and gold stocks, I'm concerned about inflation and interest rates in the US. I'm watching Bloomberg and CNBC on pay TV to see if the new fed chairman is going buckle :)
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