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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (74523)2/4/2007 9:44:43 AM
From: William H Huebl  Read Replies (2) of 94695
 
I tried some dollar plots and found that a certain one called the start of a sell-off within 7 a day period of the signal... 4 times over the past 3 years with no false signals (yet).

It tells me we reached the market peak in the S&P500 last week.

I am going to go out on a limb here and call for a start of at least a 5% sell-off (could be much, much more) starting this coming week February 5th - 9th. And the sell-off will last at least 2 months and maybe much, much longer.

And no, I do not expect a straight-line sell-off. But I expect no higher peak than we reached last week.

BWDIK?
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