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...things are really rotten here, aren't they, G?
fxp tza ery faz all of them look REAL GOODI'M CALLING P2 OVER myselfexpect 975 spx ONE MORE BOUNCE lower to matching high MAYBEthen FLUSH maybe WE FLUSH TODAY AND DON'T LOOK BACK
I HAVE FXP AND TZA. ALL IN WITH NO WORRIES.
BTW, my chart has the S&P broken below it's rising wedge and hit a sell yesterday...today's action has not come even close to breaking back...would require a close over 1015...but what does TA (or fundamentals) have to do with this market?
The higher they push this market the worse it will be...even Greenspan warned of irrational exhuberance...Ben seems comfortable with it!
The only thing flushing today is your money,down the crapper.FAZ to $1
http://stockcharts.com/h-sc/ui?s=INDU&p=D&b=5&g=0&id=p60819909568IF i don't c 5 waves i'm f'n BLINDlolbtw LETS c what the abc correction looks like WHENEVER it starts.chart SUGGEST 8100 then ONE MORE SHOT UP INSIDE OF P2buttttttttttttttttttttt LOOKING AT THE 9 step variable in spx I SUSPECT that may be more reliable AND CALLING END TO P2 RALLYeveryone is confused. TIS TRUE.lol
charts are simply useless it seems when so called analysts are still saying the market is "undervalued"...relative to what? S&P has an aggregate PE that EXCEEDS the NAS in 2000 dot.com bubble!
this is what i mean about the 9 steps in the spx as compared to the clear 5 steps for the dow.http://stockcharts.com/h-sc/ui?s=SPX&p=D&b=5&g=0&id=p60819909568AND with 1012 plus or minus 7 to 10 pts MAJOR FIB from 1982 SORRY MAN they ain't making me buy back ANY OF MY SHORTS IN THIS MARKET. bump that.LOL