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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (26660)1/29/2010 4:25:34 PM
From: LTK007  Read Replies (1) of 71463
 
Update SPX post 4pm closed at 1170: gg, have you any idea the last time we had a 32 points drop intraday---high intraday 1103.xx low 1071.xx.
One, my 1072 was pierced and we closed below 1075--and this our lowest close since 1l/9/2009.

i now strongly favor the HIGH for 2010 is IN: that being 1150.xx.
This failure at BLUE LONGTERM Bear line on that chart of mine, has been dramatic---77 points in 9 trading days.
It drove to its high in a BULL FEVER, that fever pitch i do not see ahead. Max
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