news sound bad, but financial meltdown? notyet

  1. intsub
    128 Posts.
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    27/11/11
    16:34
    Post #: 9349333
    Dear All,

    I've updated the weekly Gann charts on the Dow Jones and All Ords since the last post 2 months ago. Since the last post, we had 2 new prime ministers in Europe and besides Greece, there are now these countries in the limelight: Italy, France, Germany, Portugal.

    http://ozstock.blogspot.com/2011/11/technical-analysis-21-nov-2011-dow-and.html

    The charts show in summary "... although the news sound hopelessly indicating a financial meltdown, the charts say Not Yet. "
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    lightbulb Created with Sketch.  Great analysis
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