The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (12761)	10/9/2008 3:08:18 PM
From: LTK007	Read Replies (1) of 71454

Vi i have two situations on my computerized readouts regards SPX. I now have MAJOR RESISTANCE at 1105 in any ensuing bear market rally in SPX, but we now are below 985 supports line, thus we have the potential to go to 830-825 area before that bear market rally commences(a move to 830 area i would then say we indeed have had The Slo-Motion CRASH of Sept/Oct, 2008) That would then put MAJOR resistance at 985. One of the biggest reasons for failure of PPT could be Hedge Funds are just getting pounded with FORCED selling. Something you already mentioned i realize:0

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