There lies a point below 825 that cannot be violated for this long to work. Thats where we reverse or cover. You have traders buying against that point and breakout traders providing the liftoff.
Support / Resistance is all you have.
We anticipate and we react. We trade with the trend and we trade against it. But one must have a very clever way to trade against the market or be prepared to be humbled.
But it would be self-defeating and silly to think we know more than the market. We just flow with it and use the stats to our advantage. The start is also the end, I know you know that.
Gotta add former employers in there.
http://www.bizjournals.com/portland/stories/2009/04/13/daily43.html
http://www.topix.net/city/greenwich-ct/2009/04/rbs-cuts-9-000-more-jobs
People have been suffering from Stuffitis and Affluenza way too long and they are finally waking up and retaking their lives back. Even those who got it $$$, find it isn't chic to show it anymore.