Real touch and go stuff

[#1]

All kinds of chart confusion out there right now. Wall street is still firmly in long term bull trend, with higher high's and higher lows propping up dow theorists. But it has retraced 38% from early May highs - and now sitting at the top end of it's monthly down channel. JSE sitting at levels that have been rejected 3 times this year so far. So what is the good news driving the markets? It would seem that those naughty Greeks have promised to pay back their loans this time, if the EU would lend them more money, so that they can pay back the previous loans (which they previously didn't pay back, because well, um, you see, we um, well - didn't have the money then. This time is different though, we promise you - trust us?)

[G_V_V]

Dow futures has broken its upper end of its down trend line @ 12460 today it can go to 13000 now.

[no_money]

Kicking the can down the road.

[Rams]

Concerns over GreeceA's debt crisis eased after the Wall Street Journal reported that Germany could make concessions on efforts to put together a second bail out package to Greece.(cut and paste...)

[G_V_V]

Ever since barter was invented the can has been kicked down the road, it's called inflation LOL.

[#6]

And then,like a boomerang from the useless mass media puppets ...'concerns over Greek Debt'...returns.Let's play Ping-pong.ALSI down 400 pts.Where will Schizo place his bets one more time###Targets>> Euro at 1.37 to the $.Dollar Index at 78-79...yeah.I like Schizos.They're never boring coz they're always someone else.Just like the ALSI.

[#7]

Gotta admit, it is some pretty useless stuff. i mean, it is not like the EU has even decided what to do about the Greeks yet. Jury is still out - and only planning to come in again from their smoke break on the end of June. So a Moodies analyst goes and says they have 50% chance of defaulting on their debt, and the world markets quake again. What did they think was going to happen? That they would find a pot under the rainbow? They are Greeks man, they don't even believe in Leprachauns

[#8]

the NEWS is useless,yes.BUT...Something big...is brewing.The trendleading HangSeng is below its 80wk MA.The Bullish percents on the NYSE are below 70.We have Positive Divergence in the VIX.The spreads on shaky sovereign-bonds are blowing out.=Third test of 28 000 Support on the ALSI coming...and 27 000 is a High-Frequency-Trading flash away.( with a Peek-a-boo jump first, at/near the 200ma.) Coz the REAL support-mark is the 50%-Fib line at 26 577 on the ALSI. I'll cover half my shorts at 27 at/near the 200ma.....and on and on and on.Terrible when one has too much caffeine,no ? STOP.

[#9]

uh...hullo.It's the Shanghai Index,not the Hang Seng.###Time for tea ?