wow i give up, page-26

a couple of technical observations.....on the xjo the 200 dma looms as does the 60 day mark of the rally. seems pretty tidy that we should meet these important time and price points similtaneously. also I note in history that the upper line on the weekly bollinger band is pretty good at keeping indices in check. the may 2008 rally topped at the top of the weekly bolly. the xjo peaked again and then pulled away on april 17th at the top of the weekly bolly and now we are there again.

I have give up looking for new lows right now but even bull rallies present buying ops. the above mentioned points seems as good as any possible op. I note though that the US indices are still well within their weekly bollys so......who knows.