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[AChartist]

I will say that the monthly projection goes substantially below 2008 low, during 2012. Reluctant to post my longer term chart because I can't commit to follow up and commenting on every short term intervention. There is a price by volume void at the 1200 Fibanocci's, this should be a target. Today is the last day down in the 34 day fischer and then 15 and 34 day stay slammed and troughed for 12 days. I would like it to approach 1200 today, and today could be the last chance with the last down day in 34 day fischer. I don't think the market goes up for 12-13 days but there is probably a wave 4 type upward consolidation in there to oscillate overbought just by pausing. The FED should wait until 1100-1140 Fibanocci's to do anything because the national resource they wasted in the last several internally flawed highs, including all the losses and forced exudus of mom and pop money is unprecidented. They might have a better chance at 1100 and they probably know this. I'm ok with buy and hold SDS until the low in 12-13 days but anything can happen in between and I would take some off today ( I failed to do so yesterday and should have ). I would not go long in any case for about 12-13 days I don't care what they can do with AAPL/GOOG in a wave 4 consolidation up. I wonder if it just goes through 1200 like a knife through butter because there is no volume there, so I'll stay with 1/2 the SDS buy and hold until the next timing low. I also don't know what happens when 15 and 34 day fischer stays slammed for 12-13 days and everything gets overbought just by pausing a bit. This could be bad.