thursday trading, page-41

OK so miners are holding up well.

Been looking at US stocks to see what is doing the best.

IBM has done well for a few months.

The first advisory newsletter I ever paid for was maybe 25 years ago and was Gann based and called the Lattern Letter from an old guy in QLD.

It came by mail and was "roneo'd" or used a drum type machine to make poor copies.

One of his comments I will always remember is that when IBM starts performing in its share price then the party is about over.

IBM did fall like everything else but is probably at a critical spot where it has matched the previous 4th wave up corrrection.

What is interesting too is that $10 lows were made in 1974 and 1992 so late 2010 could be a low as a another 18 years. Certainly I see 2010 as very nasty.

$10, a big ask.