anyone think the market is not going higher?

  1. JC2
    4,397 Posts.
    I thought not.

    No bears about at least till next year. Very interesting.

    What better time to be perverse. That's the market not me I'm talking about.

    The SPI topped on 21/11/05, as expected and there is a low due 02-05/12/05. Maybe it goes up from there but the resistance above the highs is immense IMO.

    Long term log XJO chart shows a trend line that has stopped all higher movement going back to '86.

    Here it is.



 
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