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Author: WendyBG Big gold star, 5000 posts Top Favorite Fools Top Recommended Fools Feste Award Winner! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 458973  
Subject: Re: Control Panel: Channelized? Date: 2/11/2013 1:35 AM
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<There was that weeks ago, but now these indexes are treading water, more or less. The MACD indicators have been direction-less. They won't stay that way for long.>

I agree with you. My point about channels is that even the short-term breakdown in international markets is within the long-term channel. If they stay in the channels, all the markets will break down soon. However, if they break upward definitively out of the channel (which hasn't happened for 2 years) it would be a sign of a new bull market.

I don't see the fundamentals (real economy, fiscal, monetary) improving to support a channel breakout within the next 6 months.

What do you think?
Wendy
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