future jumpoed 1.5%? There has to be a day up or two ;-)I see a...

future jumpoed 1.5%? There has to be a day up or two ;-)

I see a small rally after the break through resistance last night. THe rally will take us just above 7255 perhaps in the next week or so. this will be the sucker rally. THen we can have our free fall.

Or shall we just get to the point and have free fall now?

Either way sentiment is negative and for good reason. Where is the good news?

The share market generally acts 6 months in advance of the economy. If this is the case then what the economy going to look like around August?????

And to add to the gloom, Australia seems to have avoided much of the economic woes of the world (share market excluded).

Is it not fair to say that reality is that depression is almost a certainty and we are merely observing its onset.

Anyway my ramblings are somewhat beside the point. DOW up or down? DOWN

GC