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horneblower - Mon, 01 Jan 07 :

sirrah,

I find the JKX chart difficult to interpret. However, as with BUR, I reckon the bear pattern described during 2006 is coming to an end. Other things being equal, the secular uptrend should return and spring should see a considerable upswing.

On the other hand, as you know, I have considerable suspicion over the Dow, and if we get a hard landing as some are predicting, commodities will fall ($40 oil?)... but if this happens, I reckon we will get some prior warning from the market and there should be time to react, inshahalla.


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