6 month chart with different view, page-5

sideways is good...I can live with sideways. If you look at the 5 year dow chart. they had a good year in 2003 then more or less sideways for the best part of 2.5 years. then a stella 12 months from mid 06 to mid 07 followed by the crud of the last 6 months.

I know many of us (me included) had a freakishly good run whilst the DOW ran up 06/07, But we were still doing well for the 2.5 years that the dow moved sideways. That's because in reality our economy is driven by strong demand from Chindia. Our reaction to the DOW has been to an extent an irrational over reaction.

Maybe I'm being hopeful but perhaps with our own correction against a backdrop of a sideways DOW we may be set for another leg up in the Bull commodities run.

But I will be happy with just some stability in our market.