What’s your angle?
by
, 05-26-2009 at 05:17 PM (4798 Views)
A quick note about bloggers including myself. Most of us write with a biased angle that is geared towards justifying our positions. Now that I’m 100% in the G-fund, I want this market to fall, so that I can accumulate more shares. It doesn’t mean I’m looking through rose colored glasses, but it does mean I’m leaning more towards the Bears.
One of the things I love about P&F charts is their ability to remove time from the equation and purely reflect price. This chart is showing us that we continue to see lower highs while the 880 bottom has held.
A descending triangle ???