does it make sense to forecast when even a simple MA and major horizontal support just below continue to hold?
be cautious falling for any hype that a trader knows the future....whether bulls or bears.
simplicity may be best in times like this, and price action relative to horizontal support and resistance may simplify things
Ted Burge keeps it simple and focused on price vs. the most simple measures for perspective -
http://tic-tac-dough.com/
Edited by hiker, 14 March 2007 - 02:04 PM.