rjaadave's - new phase monday

MORNING TRENDSETTERS

Tempting fate?

What a rip roarer the Zoomba was on the weekend xjo'ers.

Chrisford, Disco, Funky were keeping things moving. All into their music although I was disappointed Disco not appreciating Neil Diamond and John Denver's talent.

Stocky dropped in to agitate the bears as did Martis with the bulls.

Sorry traders, bulls, bears, I know we're all a bit over the argument. We have been in our trader's market for long enough that manny find it hard to figure more than a few days in our trades.

It's hard for the 'trend to be your friend' because the damned things on it's last gasp before it has even become one. The indicators of: Anticipation; hammers and 'I gotta feeling' seem to be hold sway.

I have noticed that the more market opinionated are the headers - especially the Zoomba headline pic, the more the opposite occurs.

For example. When ever Martis has been riding in on his gopher with his saints cap, it has mean the market has risen - a lot - in the week thereafter.

This weeks Zoomba - if anyone noticed, the 'prosperity abounds sign' was up for the first time. This would indicate the opposite for the this week. Hence my trepidation about a positive header and 'tempting fate'

However, our trendsetter of the day may show my rtheory to be null and void.

Some say that he loves hawaiin shirts and that he serenaded his wife with his ukulele singing 'I don't have a wooden heart'.

All we know is that he is OUR...

RJAADAVE

Yes, trendies, Rjaa is actually Elvis the Pelvis...and loves playing 'his uke'.

'I've heard a lot about christmas rally, similarities to 2007/2008 and so forth. in the meantime, against all forecasting, the market's moving up. Buy it.' Rjaadave

and this...

' So in essence, we're in a new phase. It is bullish. All the explanations in the world won't change that. Follow oil, the crb, doctor copper, the usd index and find strength and structure in elliott.

I hope you make a motza' Rjaadave

Whether you're selling for a pullback, hangin' tough or out for good. Good luck fellows of the xjo.

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PS great post re the 400 pointer GJ2010