CAUTION - WEAK MARKET
Started by
mss
, Jan 31 2006 08:41 PM
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#1
Posted 31 January 2006 - 08:41 PM
I Y B has a SELL and I think he is right, but here is my view from a slightly different point.
Although I do not have a SELL signal tonight there are several indicators strongly suggesting that we are in an extreme weak market and any profits should be protected. Still think we will see 1325+/- before the great decline starts, but signs are now pointing a shallow correction could run as low as 1240/45 first. The charts are self explanatory I think.
Comments welcome.
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