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From: Rarebird	1/22/2010 9:18:02 AM
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Transcendental Market Truths (Fragments): Dow Industrials: The Dow Industrials continue to indicate that a big rally is coming as money flow is diverging quite bullishly on the correction. That is to say, there is no downside confirmation. S&P 500: The SPX is near key support at 1106. If support holds, new highs lie directly ahead. Australia: Australia is highly-dependent upon the China trade to keep their economy from slipping into recession. The technical pattern could very well be complete now and that could reflect the cutbacks going on in China recently. 4715 (the apex of the contacting triangle) on the All-Ordinaries should provide a good bounce. The low last evening was 4740.

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