tuesday and wednesday the d days, page-3

thanks for the news summary.

Technically the charts indicate that this is the most "critical" weeks in a long time. If we see renewed strength through this week, then the recent down turn would have been merely buying opportunities for the bulls.

but, if we see the market become blase about any further rate cut and sceptical of anything out of Bush's mouth, we probably would end up witnessing a classic "kiss of Death" i.e. a return up to touch the resistance line, with a failure to break and a subsequent heavy drop. Martis's wet dream so to speak.

personally I'm bearish bias atm. but only because of the fact I can't see any long term positives. But happy to be proved wrong and more than happy to go long.


anyway good luck. A prudent trader should always wait until price and volume confirm the direction. To be on the wrong side is going to hurt especially if your totally in.