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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Paxb2u who wrote (78077)	12/6/2007 3:06:30 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

Peter, thank you for you generous comments, I appreciate it... and as you said, I'm strictly technical... But, to offer some explanation about market psychology and its current rally, I think the market is not concerned with the immediate banking problem because it has faith that down the road it will eventually be resolved... now, this may sound a bit simplistic, but apparently this is what the market is telling us right now, the market sees beyond it and it wants to go higher... As a trader, I know it's better to follow the market and make money than to tell the market what we think it should do while trying to defend a losing trade...<g> GZ