at times like this, I look for possible set up's.
for example
1)what happens if we regain the trend line
2) a real attack on the fib opens up the gap below.
3) during an extended correction we often see an 'abc'
4) dow fell after its high but only filled its gap. so uptrend intact.
what else ?
5) what happens when momentum pulls back to around zero
stuff like that.
for example
1)what happens if we regain the trend line
2) a real attack on the fib opens up the gap below.
3) during an extended correction we often see an 'abc'
4) dow fell after its high but only filled its gap. so uptrend intact.
what else ?
5) what happens when momentum pulls back to around zero
stuff like that.
jon
frankly I dont think the market could give a toss one way or the other.
the political debate is something of a joke anyway.
now when they get a smell of an actual entry date, then that might be different.
edit
the real joke is that I am not sure they will let us in anyway.
under the erm, there had to be 2 (?) years of tight tracking first.
not sure they will waive that requirement in view of previous
experience and of course they are still annoyed about Iraq.
It was the french who said 'NON' last time. remeber De Gaulle.
they will need to be convinced as well ?
frankly I dont think the market could give a toss one way or the other.
the political debate is something of a joke anyway.
now when they get a smell of an actual entry date, then that might be different.
edit
the real joke is that I am not sure they will let us in anyway.
under the erm, there had to be 2 (?) years of tight tracking first.
not sure they will waive that requirement in view of previous
experience and of course they are still annoyed about Iraq.
It was the french who said 'NON' last time. remeber De Gaulle.
they will need to be convinced as well ?