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Swenlin is the bear


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#1 selecto

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Posted 20 October 2007 - 09:58 AM

Decision Point

#2 Sentient Being

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Posted 20 October 2007 - 10:42 AM

Decision Point


Thanks.
In the end we retain from our studies only that which we practically apply.

~ Johann Wolfgang Von Goethe ~

#3 IndexTrader

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Posted 20 October 2007 - 11:12 AM

Never been much of a fan of Swenlin's market calls. That said, his models all seem to be bullish. IT

#4 selecto

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Posted 20 October 2007 - 11:15 AM

IT, here is a map of Swenlin's recent calls; it is not updated from the last one,

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#5 Rogerdodger

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Posted 20 October 2007 - 01:36 PM

Doesn't sound like Crash Alert:

my opinion is that conditions are not typical of what we have seen before major crashes. (See my 12/8/2006 article, Crash Talk is Premature.) That does not mean that selling won't continue for longer than I anticipate based upon the above chart. The 9-Month Cycle projection is for a price top in this time frame, with a cycle low projected for mid-December, so, as usual, I'd caution against trying to pick a bottom.
Regardless of my personal opinion, we rely on the mechanical trend models to determine our market posture.