bears should beware, page-3

Friday morning 2nd cup of coffee

So far so good. The S&P 500 has bounced 4.7% in three days.I hope you read the article and have made some $$ on this move.

I am watching the downtrend line on our own index [S&P ASX200] and it looks like offering overhead resistance at about 4460 ish. IF we get through that it's off to the races, but I would expect the doomsters [not doomdog] to come back in hard at that level.

Can't tell you what effect this will all have on CFE. We are announcement driven and will have to wait for Tony's next rabbit out of the hat.

Cheers, doomdog