Thursday, August 13, 2009

Conventional charts

No secret that not only are unconventional methods saying 'toppy' so are conventional, as in these charts.

One thing I will add, however, is the market may not 'tank' from around here...I am seeing negative divergence on some measures, but not a lot. It's still reasonable that it will do some horizontal thing for a while, or do a double top. The market likes to frustrate everybody...

No comments: