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Strategies & Market Trends : Classic TA Workplace

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To: Win-Lose-Draw who wrote (173664)	11/19/2008 1:37:09 PM
From: The Freep	of 209892

That makes sense. The XLF is downright scary in how it keeps sinking and sinking. I have JPM near support and GS near a line that could give a bounce and C going assymptote to zero.... I am sure it all bounces, but I also have 15%+ more down in the SPX if my targets are right, so... uh... single digit XLF seems like it would happen. Heckuva reversal in AEM, a gold mentioned around these parts. And poor old GE is heading back to its 52 week low. Ya gotta figure the ugly ends, but I still just don't see why everyone's so busy finding reasons we should bounce. Let's see if Dow 8200 is saved here today. Oddly, the Dow has farther to go to its 2008 lows than most. It might do some catching up here....

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