why down, page-3

the business cycle is as old as ancient eqypt. remember the pharaoh's dream of 7 fat cows and 7 skinny cows, 7 years of plenty 7 years of famine ?? the markets are so much more understandable when you can admit the business cycle exists.

doesn't matter what the reasons (NAB, ANZ or whatever) as far as i am concerned it was in the charts that friday and today were not good days to be in the market.....and nor am I

and btw that ticking sound you can hear is the US. the scarey part is that both markets were due for capitulation according to the chart and the US is yet to catch up.