Nice call there.....
Fortunately Gustav sure was kind to all,....'cept the long specs of course.
Guess there's no tellin where it'll finally decide ta bottom out...but now it's back in the '07 Q4 channel....near the middle range of it....how low will it go?
As for the US mrkt....I'm still waiting for someone to take the side of the bull here & explain why it's running along w/the greenback?
As for me....I just don't see it based on the fundimentals...however TA wise I guess it's plausable & thus the best explanation. Other than that I guess the fact that Gustav wasn't all too bad is today's reasoning behind the present rally. Even so....still makes no sense to me...the Dow north by 200+.....talk about an oil driven mrkt....guess w/oil down sub 115 it's time ta buy some airline stocks again....YIKES!!!...lol