friday finally, page-7

Mchugh reckons the SNP could bounce off the uptrendig support line at 1040ish and the Dow at 9650.

Since the intraday charts are quite oversold I wouldnt be surprised.

HOwever, the thing that I learned in 2008 when I made a killing on the way down is that stoch or rsi doesn't work anymore on the big picture. In the end they are oscillators ...

So, I cautiously went short with all my positions in profit and if / when it breaks the strong support I will build up on my position otherwise I have my stop losses set at entry.