Master Che's update 27 Feb 2009

Yesterdays closing comments: Break-out levels Upside: 786.75 Downside: 754.25 Expect a new low tomorrow on the ESH9. We will reach 723.00 quickly.. Bounce up 8.50 to 11.25 points.. Then head down to reach our RCT (Reverse Compression Tunnel) down target price at 714.75 (the RCT is intact from 12/07/08) We then extend half a cycle on the 2/20 C/T down to 711.25.. There is a distinct possibility we extend one complete down cycle reaching 693.00.. Although that depends on tonight’s trading.. If we develop coils, then we extend down to 693.00 If we vacuum the compression as we did today we will not reach 693.00 tomorrow. 02/27/09 6:55 EST Overnight session comments: The markets (especially ESH9) are expecting a major sell-off, Which is generally bullish, creating a squeeze play to the upside. Major revisions: Yesterdays sell-off, The YMH9 and DJIA DID NOT break below the 2/25 lows (YM-7139 DJIA-7156.68) The DJTA reached it’s down target from the 2/20 C/T at 2531.24. Here’s the same C/T down targets for the others: DJIA: 7029.65 YMH9: 6999 ESH9: 726.25 This is the first time since 12/05/08 the YM and DJIA were stronger on a sell-off than the ES. Conclusions: If the DJIA already reached it’s down target, the other three will follow suit. The Decline on the ESH9 will not be profoundly deep as previously updated. The YMH9 and DJIA have more clear cut C/T patterns at this exact moment. The ESH9 is a bit cloudy, not clear. Therefore I need to spend another hour to calculate the ESH9. The ESH9 will make a new low reaching 726.25. I’m not sure how and when we accomplish this down target, nor is it clear what happens after we reach 726.25

"Expect a new low tomorrow on the ESH9 Overnight session comments: The markets (especially ESH9) are expecting a major sell-off, Which is generally bullish, creating a squeeze play to the upside." the game is afoot ..........

go che go! che-ching!!$!!

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2/27/09 8:57EST A Clear trading break below 730.00 Ushers in a New Down move. As such The Down Target is 693.00 I don’t see reaching 693.00.. Compression angles tell us we will terminate this down move at 714.75 .. At 714.75 we will bounce significantly.. This bounce should create the “REAL” Bear Rally.. Challenging 940.00.. The Bear Rally should take 43 days.. In the event we don’t break below 730.00.. We will reach 763.50 tops and fail.. heading back down to 714.75

02/27/09 9:10EST We must clearly trade above 746.50 (8.50pt =1/4 turn) In order to continue upward.. A Failure to do so..Get Short or Add to your positions..

02/27/09 9:33EST Opening Bell first minute compression readings: 752.25 is the high for the day. Next reading in 13 minutes

02/27/09 9:46EST The Nucleus is at 753.50.. The outer protective wall is at 739.50 Therefore if we reach 739.50 An ionization will occur. The charge will either be negative or positive. The charge is also a ¼ of the nucleus. The charge is a 8.50 point move either way. If we reach the nucleus at 753.50 the ionization will be Atomic.. either creating a negative charge immediately sending the ESH9 down to 719.50 within 83 to 166 minutes.. If a positive charge..we reach 787.50 Within the same time frame.

02/27/09 10:02EST Short term up Target is 746.50(1/2 turn) Failure to clear 746.50 within 39 minutes is bearish.