Thursday, May 1, 2008

What the...

as long as it has not broken the lower channel, yesterday's forecast was out the door. As a matter of fact you can see that the rally accelerated when it was past pivot 644. OK, tomorrow's numbers are 656, 648 and 644. A 12 point spread and you should know what this is. Yes a WR7 and turtlesoup+1 too. As in the posted chart today an upward sloping bearish channel. The least it should do is to fall back to 645ish. At least 618 if not 786 if you know what I mean.

2c

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