Thursday, October 2, 2008

6:18PM PDST LINES RE-DRAWN


THE BLUE UP FLAG HAS TURNED INTO
A "BLOCK" OR SIDEWAYS TRADING RANGE
OR A "LEDGE" FROM WHICH THE PRICE MAY
FALL. NIGHT VOLUMES DON'T LEND MUCH
TO PREDICTING DIRECTION OF TRADING
UNLESS THEY BECOME QUITE LARGE (like
in the thousands!).
THE CHARACTERISTICS OF THESE MARKETS
ARE EVOLVING RAPIDLY, SO WHAT WOULD
BE CONSIDERED LARGE VOLUMES, ARE BECOMING
"TYPICAL" DAILY VOLUMES, AND AT NIGHT ALSO.
I WANT TO BELIEVE THAT THE WORLD IS SEEING
ALL THIS GUV'MINT MANIPULATION FOR WHAT IT IS...
A COMPLETE CHARADE... BUT ENOUGH LEMMINGS
STILL HAVE FUNDS LEFT AND ARE WILLING TO
PLACE THEIR BETS WITH THE GUV'MINT AND
ARE FOULING UP THE NATURAL COURSE OF EVENTS.
BELIEVE IN THE FUNDAMENTALS IF YOU WANT TO SURVIVE THIS MESS.