Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (90947)	10/28/2009 7:42:27 PM
From: GROUND ZERO™	2 Recommendations Read Replies (1) of 94695

The SP's are sitting right on the floor just above a MAJOR sell signal, any further selling will trigger a huge sell signal and break the market's back... it could happen after a rally tomorrow and/or Friday, but many of the major market averages already broke down below their March up trend lines, this is not good, and the DOW Transports have been in crash mode for a week already, also not good for the bulls... the dollar is beginning to rally, and there's a crowd of shorts that will eventually cover, this could push gold and crude down with stocks... it seems everything that moved in one direction since last March is now moving in the other direction, the pendulum swings...<g> GZ

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