friday night trading, page-141

ja, yeah, it was the bounce off that line that persuaded me or at least provided some comfort to take a long punt at the time. Some media argy bargie at the time was whether this was a generational change in trend, as might have been signified by a monthly close below that line. I think Voltaire also posted a chart some time ago indicating the opportunity, possibly once in a life time, at that level. I thought it was probably unlikely I was witnessing anything so momentus as a change in trend, and markets were really oversold, oscillators were divergent, and so reckoned the odds favoured the longs. Whats your take on it?