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Strategies & Market Trends : Ask DrBob
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From: shadows11/12/2008 4:12:59 PM
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Too many TA quys singing from the same hymn sheet when it comes to calling the bottom of the market and the timing of the next rally.Significant breakdown from SnP 900/910 blows all these rosey scenariois away for the time being,and new lows now seem to be right round the corner.A really nasty Capitulation trade coming up next,perhaps with a run on Goldman Sachs at the same time.Still have SnP target of 750ish by December.
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