RE: RE: RE: Here are the calculationsI just go with my charts and model first and then look at what news is coming. Regardless of what happens in Ireland, I'm holding because I have confidence that my model is working. Still, I think Ireland quite likely to disappoint.
Really when you think about it, this mkt is only slightly higher than April, and early Nov. Financials are much weaker over this time, and making lower highs every time. The big picture is not bullish. I'm happy to focus on the big picture when everyone gets excited in a tunnel vision over the short term moves.
SC