chart interpretation after today., page-58

Hi Beams,

It's not that i dislike charts in general, as previously stated in this thread i just don't think, actually i categorically know, that charts are not of any relevance in a market such as this.

I could put a chart together for 99% of the stocks and they would all pretty much look the same - 50-70% down. at this point we are totally in the hands of the US market and this will not be any different for the next 6mths, ie until Obama makes his play. by someone trying to tell u that we are in the 1st, 2nd, 5th wave of a cycle is irrevelant as all it takes is some further bad news overnight from the US and all predictions are shot.

i agree with most that the market is oversold but it would be a brave person to load up with there hard earned in these times.