xjo, dow , s&p500 , nas , compq go belly up , page-5

  1. 9,485 Posts.
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    Grant the point to the exercise is we have oil up , elections shortly which may result in another terrorist attack like Spain scenario , plus the market rallied on news of hurricane in America .

    To me this is like putting your head in the sand and hoping all the doom and gloom will have no impact in the current environment .

    Or proffessionals buying up the market on weak volume to get the feel good factor happening so they can slam dump it .

    Hence the reason I said we have a bottom in [ 59 day rule] but this could be a false break [last couple of up days].

    I realize u don't believe in technical annalysis so I won't bore u with what I see .

    ge

    Ridge I sent u another chart but it bounced , if u send me your proper email address I'll post it there . It does look interesting .
 
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