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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (88550)7/6/2009 2:27:14 AM
From: Skeeter Bug  Read Replies (1) of 94695
 
GZ, i see a head and shoulders pattern that points to SPX890 as a sell and the medium term support is SPX878. i'm adding inverse ETFs with tight stops once we breech 890 and i'm adding more once we breech 878. i expected ~878 to provide support for at least one bounce, but we'll see.

the big bad that is the world economy won't be denied forever.
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