Chestnuts, Symetrical patterns usually favour the prior trend when they break out. My opinion fwiw, is that from about Mid november 2003 we turned the corner on this one and will now see some upwards action in the coming year. Its all about probabilities at the end of the day!
Best of luck for 2004 folks, and a Happy new year! - I am doing my VAT return thats why I appear to be a sad git on Jan 1st - something to do with NY resolutions and all that - even took the mutt for a long walk this a.m!