JW, I must agree with your post in principle. However, the near unanimous consent about the dollar descent has my contrarian nature itching wildly under it's bear suit.
Consequently, I will take upon myself the onerous task of contrarian's advocate. I will see your daily and raise you a weekly and five more indicators:
stockcharts.com[w,a]waclyyay[pb50!c200!d20,2!f][vc60][iUb14!Up14,3,3!Lk14!Lya7,14,28!Lo14!Lw25!Lyb20,2.0]&pref=G
The TA possibility in the above chart is the first half of a "Double Dubbya".
Obviously in recognition of "W's" re-election efforts.
Am I joking or am I serious??
I shall leave that to the judgement of each posters better angels, but I know which contrarian shoulder mine sits on. Yet IF that angel has harp or horns I am not able to discern. VBG Best Regards,
Roebear |