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The Next Leg Down


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#1 Frac_Man

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Posted 29 October 2008 - 07:19 PM

Posted Image

#2 cgnx

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Posted 29 October 2008 - 07:31 PM

Wow, is that after hours trading? I'm screwed.
If it can be cornered, it will.

#3 10Shekel

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Posted 29 October 2008 - 07:37 PM

$SPX goes to 200 by Nov?

#4 trioderob

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Posted 29 October 2008 - 07:39 PM

not going to happen too many bottom pickers at around 770 spx everyone and his brother would jump in they would be a fool not to that would put us back on trend without the tech and house bubbles

Edited by trioderob, 29 October 2008 - 07:42 PM.


#5 The End

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Posted 29 October 2008 - 07:47 PM

Where do you get this stuff Richard. Your fractal starts at a point on the 14th, What happened to the price points on the green price movement prior to that date on the current chart? How much $$$ are YOU betting on this coming cascade? Where is your stop? If you answer any of these questions I will never repremand you again RICHARD!

Edited by The End, 29 October 2008 - 07:47 PM.

NONE of what I type should be taken as financial advice.

#6 Drano

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Posted 29 October 2008 - 08:21 PM

I never fail to be amazed by people criticizing others who generously share their original work. Henry has a fine record of many good projections. And I'm quite sure he trades with stops, unlike some others here.

#7 Russ

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Posted 30 October 2008 - 12:55 AM

That is wild wild stuff Frac Man. If you are right then I guess we should all start worshiping you. ;) I can always be wrong but to me it looks like it will rally into the election.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#8 isaac613

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Posted 30 October 2008 - 07:08 AM

Forget the election, it will rally to New year. We are going to see the market go ballisticlly higher soon. I really feel bad for people who will stay short, cause I would also be short if I did not know what is about to happen.