Friday, September 5, 2008

a chance for the market to begin a strong rally

Tsupitero of tsupitero.com believes that there's a chance for our market to begin a strong rally and the indicator is if the PSEi hold above 2632 for this week. He had a fancy chart on his site that I pretended to understand and he said something about a white candle. Anyhow, his magic has been hitting the bullseye so he has my attention.

Though Technical Analysis (TA) isn't really my cup of tea, I know that a significant part of the market relies on TA. I'd like to know what they're thinking.

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