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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (69072)	5/2/2008 11:23:41 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

You have to watch out for ants. They'll murder you or eat you alive if they get a chance. Army ants get lots of chances = they hunt down things which are happily going about their business, surround them, swarm, kill and rob them. Don't go and live in an ant nest. They spray you with formic acid at the very least. They have a sharp bite too. Cicada land is happy land, sunny, warm, with lots of chirping cicadas. Summer is all too short unfortunately, and the cicadas don't get to sing their happy tune for long before winter is upon them again with darkness, rain, cold and respiratory diseases decimate the population. Mqurice

To: elmatador who wrote (69072)	5/2/2008 11:27:18 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

just in in-tray quote if it goes down (edit: 800, 780) that much, which i doubt at the moment. imo the downside will likely be capped by the 200-dma (around 820-830, closer to 830 if/when it actually gets there), since there shouldn't be too much undershoot of the 1980 high. in fact, this retest of the 1980 high may be all. note the elephant memory of the market: it first rebounded from 887,50, which was the exact intraday high on Jan 21 1980. yesterday it slightly undershot the closing high of 1980 at 850. it now refuses - so far - to go under it, in spite of the dollar bounce continuing. meanwhile, the HUI is battling with resistance (former support) at 400. a convincing close above this level would sound an 'all clear', but we're obviously not there just yet. unquote