corporate culture - wednesday, page-9

Another interesting session in New York without giving any concrete clues again but a couple of things took my eye. The RUT which as I mentioned yesterday, had pulled back up precisely to the point where if it wanted to do a swoon on the downside, it was the exact level to take place from. So it tried but buyers came back in and took it back up away from this crucial level. As well the SPX came back to the midline of a fork I have from the August low. Find these midlines of forks covering a few months are working well.

One thing that is on my mind, corrections can mean time or price - perhaps we are just biding time rather than prices coming off dramatically.