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Now it gets real interesting…

Posted by MC on Sep 16, 2008


Remember this? I’ve been doing charts with this pocket of support for a looong time now. This is now where it get’s interesting, if the mean of the bellcurve doesn’t hold up it’s natural to have the market probe far in the other direction before coming back to re-test the mean. Do I think we break 10k? Well no, but if we do it’s gonna be a bear that will make history. We tested the top of this pocket on yesterdays tank with volume so I do expect lower personally.

How bout that oil breaking below 100 at the same time…odd stuff.

This is a great time to be learning the markets because it’s all falling apart. In a bull people mistake slow steady rising with skills. This is the market that tells you what bathroom you should be using. LOL

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