Pic wrote:

".............PM stocks set to crash through Nov. 2010 support levels.

SAVING GRACE???...the worst is possibly over....anyone with $ powder should be loading the musket.

I stand in awe of financial stupidity...."

At times like these when markets are gyrating like a drunken sailor after a night on the town, I recall Sinclair's words of wisdom and it boils down to this. For the unsophisticated trader looking to find a safer buy signal, pull out a ruler, draw a straight line across the highs and hit the BUY button when price crosses back over and closes there. For greater safety, draw a set of parallels to define the prevailing trading channel and then sit back and wait for a crossover. You'll never time the market perfectly but if you can grab the middle 50% profit repeatedly, be prepared to become Pig Rich.