good luck next week, page-22

If i jump outside the charts for a bit though and suggest a max 5% lower in US from here why ?

This has been a governement momentum lead rally by the US and you have the fed,treasury,banks and the bigger powerful players dictating things ensuring everything goes up.
Did you see tehe spike off the lows when Gaspareno spoke about pay back of TARP . It nearly failed but somehow it came back to close above the 880 level ( SP500)

So, if the next leg commences up into say June you could see it as a blow off like the nov 07 high which would be unsustainable on economic issues.

Did you note last night was the first down night in ages, for the last 2 months most fridays have been up so that US consumers feel good and go spend on the weekend hence stimilating the weak industries.

Dont be too greedy on the short side just yet, in case the above rambling plays out ???

Yukky, back to my charts LOL