redback report, week ended 9/7/2010, page-4

  1. 484 Posts.
    Hi Red,
    Alot to take in, but at least theres a few positives and a trend change has to begin somewhere.Good to be reminded resistance isnt a brick wall.
    Would low volume but higher price gains be from short covering?
    I think investors/traders still feel the effects from going through some spin cycles in the washing machine so to speak, and looking for their steady gait.
    .....Or what you lost on the roundabout you can pick up again on this merrygoround....dunno
    Would be nice to see consolidation with higher lows.
    Was listening to UK parliament on BBC world news this evening and they are fine tuning new taxes for their Austerity measures, was sombre listening.
    Housing bubble has popped in Canada, Vancouver prices down 30%.( they kept speculating and taking on debt during the GFC !!!).
    Starting to waffle now.
    Thanks Red.
    Mrs S.
 
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