[Orangedog]

Gather 'round, fellow doomers and malcontents! Here it is...the Tuesday Chart-fest!

Praise be to Soren for showing me the error I made with the html code last night...that also means he is partially to blame for all of Ike's charts being here in screaming clarity ;)

[Orangedog]

delayed ping...sorry, still getting things in order on my end.

[palmer]

Thanks for posting the "arete" thread, Orangedog. The last chart is interesting because it looks like buying bear funds causes the market to rally. Maybe there's a cause like short squeezes, or perhaps it's just contrary sentiment: the more bearish people get, the more likely there will be a bear market rally.

[sourcery]

S&P 500 Globex:

So Cisco earns slightly more than estimated, and in response the market has a hissy fit. Hmmmmm....

[imawit]

Aw right, the wit can't hep it. Don't have no up or no down channels to violate so here ya go. (now that's kinda cool a double negative on the opposite polarities of the same subject. Doesn't make it a positive does it ! Q.E.D.)

A close below 393.95 breaks support. Just a touch at 408.320000 and the trend reverses to UP. Course that's when there'll be a mad rush to sell off and get all that luscious paper. You know, just in case it reflates to .85 Uro in the next 5, 10, 20 or 50 yrs from now.