wow i give up, page-90

jaolsa,

I'm fine with the logic of it but it's also a little at odds with McLaren's current analsis which makes me realise that I need to go to the source and read a bit more Gann and analyse a pile of historical charts for myself. I think McLaren is on public record with his view that the end of the bear market is potentially in with the March lows and even though he would expect a reaction at a 3/8 retracement he would also see that level of rally as adding heavily to the odds of further upside. I'm not sure where he's getting his sentiment data from but I just cannot fathom a point of view that would have the lows in.... especially when I do a rough summation of a few individual stock charts. There's a couple of bona fide breakouts still in progress but the heavyweights have all either already hit or are only a couple of percent away from some logical heavy resistance so I don't see a pile more upside for the local bourse.