TA (reading charts) is only usefull to confirm FA (Fundies)
Don't be let the tail wag the dog or you will be one of the 99.9 that only follow the charts and wishing they where on those ships at the bottom of the ocean !
Yesterday rally had nothing to do with "generals" defending any SNP level it was the "hope" that the NY regulators could raise enough capitol to keep te bond insurers solvent,MBIA and ABK,if they lose their rating its look out below and we go down another 2000.
Last edited by Dave K; 01/24/08 08:23 AM.