Thursday, September 18, 2008 4:55:48 PM
"The market has been trading lower, as evidenced
by another long black day. The next day, prices open higher,
trade still higher, and then close at the same price as before.
This is a classic indication of short-term support and will
cause much concern from any apathetic bears who ignore it.
Apathetic bears are short the market, and quite comfortable
with their short position. If they ignore the Matching Low
as a possible trend reversal, it will cause them much concern."
I don't know if this means anything, but at least it's supposedly bullish.
MF4
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