Nickster - I try very hard to stick purely to my charts. Have a look at BHP and tell me that you don't get nervous. NAB down again today - how many more days can I excuse ANZ and NAB. Just about BHP and RIO doing the main work. That is really starting to bother me. I have developed some Overbought Indicators over the years that differ a bit to the ones supplied on all the services and BHP has just reached overbought on my most trusted barometer.
My favoured path for the market was that we were completing a fourth and about to start the fifth. Today I am not so relaxed about that and perhaps it will end up being a diamond.
Tonight will be the key. If the NASDAQ and SOX push on, then life will be a lot easier.
mighty monday, page-34
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