a chilling warning for all traders ....., page-7

re: a chilling warning for all traders ... yogi Yogi, last nights events certainly move the probability in your favour.

I had initially thought that 21/03 would be a bottom but this rally seems to end that scenario. Top now seems more likely with a up-down - up taking us to 21 March. Last 2 days may have been initially up part. (The market though tends to act differently from what is expected).

Bad retails figures and no help from the unemployment numbers were completely ignored last night. Fundamentals are poor but people are living on hope.

Interesting to note that NCP seems to be factoring in another substantial rise tonight as the ADR closed at 10.02/aussie share approximately last night.

We will see.

Have a good weekend,
noip