chartists thoughts on current price, page-12

Not a good finish for QBE, it is important for DOW to go up strongly tonight, chart can say this and say that but DOW will still call the shot.
If DOW drops badly QBE can drop to mid 17s and the short will keep selling so tonight the KINGS of WALL STREET will decide which direction our market and QBE will go regardless
of what the chart says.
I have bought some at mid 18s but ready to get out if my stop gets hit tomorrow and happy to take small loss.
Catching a falling knife is harder than riding the trend once it is set firmly up, but small parcel is ok to test the water...........
The action of QBE don't look good at all but those that like QBE will say the action is ok and it is good to have different view and only one side will make money.
There maybe something that we don't know and there maybe something that some people already know butlooking at price action it seems that more people smell bad things than good

Cheers,