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[Russ]

Free Forecast from http://www.insiidetrack.com/
March 22/23rd Peak?

03/20/07 Weekly Re-Lay: "Stock Indices still need to be considered in consolidation on a near-term basis...When the indices initially confirmed their Feb. 18th cycle high, the outlook was for a drop into March 5th followed by a rebound into March 22/23rd (see Feb. 28--March 3rd & March 14th Weekly Re-Lays and March 5th INSIIDE Track Update). If this occurred, it would set up a high-high-low Cycle Progression targeted for April 23--27th (Feb. 20/22nd high - March 22/23rd high - April 23--27th low).

...last week's (3/14/07) Alert identified the indices as being in consolidation...As a result, they were able to quickly drop to new correction lows AND enter a minor rebound between March 9th and March 23rd...Monday's action is increasing the possibility that the indices will move higher into March 22/23rd and then enter a new decline. This March 22/23rd--April 23--27th drop could be in multiple waves or one extended drop...For now, it is important to recognize, acknowledge and prepare for the possibility of a few more days of upside (watch weekly & intra-month resistance levels) before the next decline.