Coffee Traders' Forum

Re: Poor momentum on this rally /JuanV
By:DaveT
Date: Thursday, 29 July 2010, 11:01 am

Hi JuanV..

Well, ofcourse,I agree that one technical set-up/event in history has no bearing or influence on the current (or future) events.

I was really just highlighting an example of beaish divergence on a chart,(which appears to be developing right now) and noting that it panned out in a bearish way..

But this time could be very different, (as Condi Rice once said, don't compare Iran to Iraq, it's dangerous to predict outcomes by historical analogy...)

I take your point .