tibbs,
I am more of a tits man myself, so I am looking huge upside with plenty of bounce lol
Importantly the DOW has been rising pretty steadily for the last few weeks and is holding onto its gains.
it has traded thru a three months resistance at 12816 pts and closed above that level.
Its currently in a ledge(IMO)
A ledge is a "holding pattern"with a high probabilty of a breakout in the direction of the preceding trend,in this case..up.
As usual ,the ASX has been reticent to follow the the DOW up, as quickly as it is to follow it down lol
However the Opes situation has caused that this time.
All in all its looking pretty optomistic to me.
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