As Promised here's the Holy Sunday Chart for Father O'Brian... Centimeter perfect as Dennis would say..lol Here's a post I put up on the CBA thread.. I've just spent the day looking at all the big banks charts and they all are a lot more Bullish than Bearish it was a bit of a surprize. I was thinking after the bill past & the weak Dow close... We would be in for a flat day but by the looks of the Charts the Banks could lead the way tomorrow... They are all looking cheap atm imo... The Bailout has been rubber stamped,so no more a worse case situation on a golbal base.EG TOTAL MELT DOWN..ATM Most know our Banks are solid and are very profitable. The Dow Chart is at a very important major surport level it may trade through it next week but then come back to it and retest it again..Maybe then sideways.. I belive soon it's NOT far off for the voting to start,the US will have a huge political change(Obama),that will bring a new light and hope. It maybe awhile before economies improve but the markets will come back first as they always do. I'm going to stick my neck out and call this the bottom or very close to it...imo Cheers Pete.
