friday trading, page-44

BlackDuck

I only discovered Egypt recently almost by accident.

I felt rather foolish even posting the charts.

One of the good things about getting on in years is you no longer worry about making a fool of yourself sometimes.
Its expected, and you're past caring about what others may think.

In all seriousness, it did seem ridiculous to worry about a minor market, but what got me was that its chart was a carbon copy of most other markets up to a couple of weeks ago.

That was when I was talking about a surge here or collapse based on the pattern of 0 1 2 3 4 higher lows from last year.

So we had CAC40 for example taking off while Egypt was collapsing.

To tell the truth, I really didn't think the rest of the world would care about Egypt, although it did seem to highlight the pattern possibilities. Perhaps I should have thought more about the geopolitical aspects.