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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (16930)1/29/2009 2:02:52 PM
From: LTK007  Read Replies (1) of 71456
 
SPX just a bit ago hit a full Island Reversal on yesterdays gain.
The proppers will be attempting to rally this from that , to be at least above 851 at close--the higher above the better for the proppers.
An island reversal close would neutralize all bullishness indicated yesterday.
And tomorrow will be meaningless as it is EOM window shenanigans..

For the sake of headlines their desire would tomorrow to close at 903.75 so then can have "Breaking News Flasher: SPX closes POSITIVE for January---bullish sign"
We need ignore it closed at 903.25 the last trading day of 2008:)

Again the market overall market is not showing traction.
O yes to fellow that that gave a strong buy on SSRI at about 7.xx, o my it is now above 20. Kudos to his confidence, he knew what he was talking about. Max
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