actio-et-reactio: for every action there is a reaction. In the background is a sketch by Leonardo da Vinci-teeter-totter- a symbol of how tenuous is the balance between extremes

actio-et-reactio

Balance is but a brief transition between extremes.

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Monday, April 07, 2003

Daily update, Monday mid-morning

This market is always in too much of a hurry... Already hit 904.89 (just a tad off that 906), so a pullback is likely, intraday. The Gut is saying a topping consoliation is in work, partic. as the moves appear to be the "war trade" type, ie, news based rally.

The chart below will serve as the roadmap. I'll auto update periodically.

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posted by Ana Maria @ 12:14 PM :: permalink




moon phases
 

At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows

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