spaintastic monday, page-158

Take it easy guys. We should be reserved, conservative, careful and we certainly should not over react. Why? Because S&P 500 850 is around the corner some have been saying for 12 or more months. :))

Who could have guessed only 7 trading days ago that the DOW would rally 6 in a row?

Perhaps, the XJO should retrace a couple of points today. We better wait till the DOW hits 11,000 as a confirmation of a more positive trend ahead of us. :)

Not because our economy is in a better shape than the US or EU economies but because of a much better sleep. :)

I officially declare - there are no traders or investors in Australia. We are all on permanent standby or we paper traders. And I am one of them :)

Cheers and good luck paper trading and chart making. :)