dow short term 10,180, page-8

haspete, cheers I look forward to more when you get a chance. I have learnt plenty off you here so your input is valuable.

I also think it's a hiccup, if you see my initial post under dow charts you will note I say ""I am not normally bearish but I feel some downside is now due.""

It's all from a technical prospective. I am normally a bull and I doubt that will change as it's my nature and I prefer to be optimistic. Unlike others on this forum I don't post dooms day or negative stuff, just a realist with my glass half full who is cottoning on to how the big boys play. I think the Dubai thing is a media beat up so that the big money (which is short) could cash in. I believe there is more upside to come but maybe not just yet considering the resistance above. No doubt the descending trend line from 07 highs will be broken soon but I think the ascending trend line from April/May will cause some pain for a while. cheers