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anyone else think that this will be a big downward week...
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<p>[QUOTE="InfleXion, post: 1473100, member: 29012"]Clive Maund has called smackdowns before, a pretty good guy to piggyback, but nobody's perfect. I am not sure which is more likely, but I give 2 possibilities a high likelihood based on chart analysis. Either this is the new low (QE2 support intact), or it will eventually break down to the 2008 high around $21. I regard either scenario to be bullish because both the 2004 and the 2008 blow off tops were massive and still paved the way to new highs. Nothing has changed fundamentally.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1473100, member: 29012"]Clive Maund has called smackdowns before, a pretty good guy to piggyback, but nobody's perfect. I am not sure which is more likely, but I give 2 possibilities a high likelihood based on chart analysis. Either this is the new low (QE2 support intact), or it will eventually break down to the 2008 high around $21. I regard either scenario to be bullish because both the 2004 and the 2008 blow off tops were massive and still paved the way to new highs. Nothing has changed fundamentally.[/QUOTE]
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anyone else think that this will be a big downward week...
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