Thursday, November 19, 2009
almost a picture perfect head fake from MR.NASTY, deceptive as a counter move.
We are in the resistance ZONE now, so now we are feeling a Liquidity Drain and a correction that keeps saying "CREDIT CRISES - AGAIN ". The correction will roll on, taking small companies lower, and not seriously afflicting majors that benefit from the the pumping of the economy. Just as 1150 was the new "1000" for gold, we may in fact see another level established for the major indexes.
Dry powder & discipline. Make it all worth it.