Skiing and trading – sometimes you have to go against the grain and that is what the markets are doing.
Fundamentals are getting a little better, but for the markets to be more than 50% back from their lows is ASTOUNDING (see Deer Vally service!)
There is a major trendline coming in from the top (find the beginning of the downmove in 2007) and connect the dots to – HERE! – our present location!
Will we suprass it and head to 62%? The trend is up and hasn’t failed yet, so until that happens, the trend is your friend!
Happy Trading and Be Environmentally Cool!
