descending triangle, page-5

I agree with you 9L. Most of the posters on here and the general media for that matter seem to be expecting a significant rally into January and the 1st quarter. Going against the crowd consensus view has been a very successful strategy over the past year, so i expect a significant fall into January, before we finally get the aggressive bear market rally we have all been waiting for. Technicals seem to line up as well

All of potential good news triggers for January are already out there.

- Obama being elected, and putting together an experienced well respected team
- auto bailout
- i/r to zero, and fed declaration that they will print to their hearts content
- expectation of a huge stimulus package

Therefore i expect a final exhaustion sell off, before we see an aggressive rally