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Re: spdpro post# 88513

Tuesday, 09/29/2009 4:48:17 PM

Tuesday, September 29, 2009 4:48:17 PM

Post# of 388900
Hi SPD! Here is 106.30. A support is not a level from which the index has to bounce. If the support is real , there is a “fight” there between market forces with conflicting interests: Boyz of various kinds. Their fight is reflected in an up and down dance around that critical line. One tribe wins and if the index goes down that support becomes resistance and a change in trend becomes probable. This does not contradict the view that the market is manipulated. It is compatible with it.


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