RE: RE: Oil almost looks like it's trying to conso
I think Specboy makes the most sense on teh POO when he talks about housing, rising jobless numbers, continued cuts in earning forecasts and annual outlooks...
But the market will turn before those indicators turn - somehow it knows before we do - and the bad news will still be pouring out over the airwaves. That's what's nearly impossible to get a handle on. Maybe technicals is the objective observer and only that. Maybe no single human actually knows the answer and "Bear" continues to be shouted out over the mega-phone.