27 September 2008

Charts in the Babson Style for the Week Ending 26 September 2008


These charts are incredibly bearish, and were it not for the bailout being cooked up by the Federals we would be looking to get short and stay short until we burn a thousand points to the downside at least.

However, that is not the case. It does look like the government 'will do something' and this may have a powerful short term impact on the markets.

We want to be ready and capable of taking advantage of a volatile situation.