Inverted head and shoulders on the SPX?

[fantastic4]

I don't think we've decided on a direction yet, looks like both bullish and bearish patterns are setting up, but We've a high swing low, and an inverted head and shoulders on the SPX. I've also noticed that alot of bankers have been buying up their own shares, in a big way. BANK is what determines the value of the market, so I've been told, and that's a sign to me that banks are done with their wammies. Then ago, the Merrill Lynch boys put a bunch of money into their company before they died too.

Here's a video:

YouTube - Jan. 27.09 :: Financial Insiders Buying Stocks, Stock Market

 

[moeman]

2 o the biggest dow stocks exon chevron had huge gap open down and closed at the bottom of the range.Every rally friday wa sold.Huge volume at the end of the day to whack the market.Merk is dropping out of the sky.Wallmart and IBM are the only dow stocks in a bull.Think back to the old smith barney commercials 1 investor at a time.Where all these brokerages now.Citi and Bank of America no end in sight and how much lower can they go?