To: Broken_Clock who wrote (418253 ) 10/9/2011 5:28:10 AM From: Jeff Jordan Respond to of 436258 LOL....Open for me a door as big as a needle's eye and I will open for you a door through which may enter tents and camels? Well, from a technical view..... The key points are this: 1. The sideways RSI says the current trend will continue until it crosses 50. 2. The current trend is indicated by the price below the 50MA....I prefer to use the 40MA Of special note the last time price crossed above the 50MA and the RSI crossed above 50 it was short lived and the next crosses to the downside reinforced the current trend and we were off to the races as the destruction of our economy and confidence took root as the forces of manipulation sit back and watch the results of their previous handy work.....technicals only show the reality of fundamentals it's never been wise to use both especially since the markets are corrupt and heavily manipulated. Sentiment has always been a good barometer however we are talking about sentiment of sheep and pundits....only the real knowledge and information held by the manipulators is useful to plot a successful strategy of fleecing the masses and protecting your ass ets, being a contrarian to the punditry often works short term but if you don't possess the long term goals/data of the crooks...whomever, whether the federal reserve banks, goldman sucks or the politicians you will likely be whipsawed by emotion and disbelief what you are witnessing is possible....just thinking like a crook doesn't work. I don't even recommend that unless you want to become like them?...you know how hard it is for camel to fit though the eye of a needle, etc.<g> ...then, you have to be smarter and swifter than the HFT black boxes that are programmed with the plans of wealth destruction that are cleverly engaged against you aided with timing of options expiration, earnings events and other political and social/anti social planned events....in the meantime you are trying to make sense of the endless barrage of meaningless financial data, reports and headlines that supposedly tell you the results of policy decisions and the direction of the economic mess...you never have a clear picture until many years down the road after all the numbers have been revised and revised again and the bigger picture of political events come into focus and the lies are revealed.....you can't do this in real time with what you do not know. Even, if you could know .....the laws are changed so that the timing and course of actions needed to be taken must be done well in advance to be property positioned to take full advantage of the manipulation that has been created....you will never know this type of information in advance...unless you are the 1% of the 1%?...or much higher than the 33*,you'll never make sense of it all...until it's too late, "don't throw out your gold teeth"<g>youtube.com