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ProShares Short Dow30 Message Board

  • chrismak61 chrismak61 Jan 13, 2009 11:18 PM Flag

    wave 5 down coming now

    As a matter of fact, no matter what best wishes people may have worded lately in Russia , USA , Japan , Brazil or Germany about 2009, harsh global technical facts now favour more than ever before an imminent 8 week continuation of the global bear.
    Besides, should this last leg materialize as expected, the chance is high that the Obama administration would take some new drastic measures right at the end of this final slide. Something like a big hammer strike in the face of the last drop of capitulation; as a matter of fact, with a clear 5 wave move now at hand for green wave c of green wave 4 with ADR (refer to chart #6 ), not more than a week or so should pass before this last drop of capitulation goes on dripping on the computer screens
    see charts here

21.55-0.05(-0.23%)May 27 4:00 PMEDT