untoward friday, page-108

Robb, good call on the Dow being a non-event. It behaved much like the night before, dipping and then recovering just about the lot.

Novac, I don't see the "massive fall" through the wedge you refer to. The wedge--more rising triangle--is still very much intact on my chart.

So we either have had the top...or we wait. Last night did not do anything to clarify, in my opinion.

The US dollar index, however, did fall through and close below the 200 day sma which halted it over the last few days.

Again, need more conclusive confirmation.