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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (79931)4/8/2008 7:30:22 AM
From: Real Man  Read Replies (1) of 94695
 
Interesting chart, courtesy of Jesse. 1380-1400 is a
strong resistance area, and things got pretty overbought short
term.

bp3.blogger.com

LOL! Isn't that the truth?

"While being interviewed for Yahoo! Finance this morning, I
offered that traditional trading approaches (fundamental,
structural, psychological and technical metrics) have been
replaced by one giant game on chicken. We’ve got structural
imbalances on one side and socialization on the other. Nobody
is bigger than the market but the timing of that blink remains
tough to game."

minyanville.com
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