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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (87472)5/23/2009 5:03:25 AM
From: GROUND ZERO™  Read Replies (1) of 94695
 
I expect these markets to tank next week, big time, the rally from March is toast... the first hope of support is around 850ish, but if that doesn't hold, and I don't think it will, then 800 or lower is in the works... right now, my model is telling me everything is overbought, but there is not yet a sell signal... the sell signal for Tuesday is a trade below 879.10... a close below that price is all the confirmation I'll need to tell me we're going lower...<g>

GZ
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