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#1 andiron

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Posted 13 January 2010 - 05:20 PM

mid oct & mid jan fractal comparison...Chart_of_SPY.gif

#2 cycletimer

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Posted 13 January 2010 - 11:36 PM

All I can say about that is I darn sure wouldn't be long way up here! Can we go to 1200, sure.. but the upside is not worth downside risk. I am no "perma-bear," but this bull phase we're currently in (since March lows) sure seems to be on borrowed time.

#3 goldswinger

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Posted 13 January 2010 - 11:48 PM

All I can say about that is I darn sure wouldn't be long way up here! Can we go to 1200, sure.. but the upside is not worth downside risk. I am no
"perma-bear," but this bull phase we're currently in (since March lows) sure seems to be on borrowed time.



If we are to test the highs again on SPX , we must come down Tomorrow in what would be a C wave, then up again on Friday and maybe Monday AM on the last week end successful pump...prior to the big dump.

$USD is ready to kick off wave 3 or C up.....

GS.