Monday, March 2, 2009

chart uncanny

it showed us the turnaround  let us know a precipitous downward slide was imminent
it is a little overdone for the day as 10% seems closer to a panic than reality
however if you get a lift maybe to 41.5-42 i would sell again because this downrtrend is likely to continue for days to come-strong dollar AIG GDP manufacturing shrink the hits keep coming
so much for gasoline support-you cant keep oil down forever and back the truck and load up if in the next few days you see 33