Sunday, July 26, 2009

Basic weekly technicals...

Nice timing on all these new calls for 1150ish S&P, Dow theory buy signals, golden crosses , fed manipulation to dow 15,000 etc etc. This is all very reassuring to me and solidifies my Bearish outlook. My read on things is that it's over and now we can come back and start testing all this bullish resolve. We may make a few narrow intra-day highs this week as the bar clusters trace out a sort of rounding top but that's about it...



An artist's eye or complete insanity? Time will tell I guess.. I'm posting this for the record, come what may..

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