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Pastimes : The Philosophical Porch

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From: westpacific4/28/2010 2:41:46 AM
   of 26251
 
Three Ending Broadening Top finishes...

Targets for the E test; we rally off these or we breakdown, Megaphones usually breakdown at some point after the test.

Targets...

2080 Nas
9380 INDU
995 SPX
-these numbers adjust downward slightly each week going outward.

There is much technical top about yet another rally before the final top; the Nasdaq pattern does show the potential for one more thrust up; with the SPX and INDU being weak in the final thrust.

The topping pattern for the Hope Rally is in the final spasms.

Perhaps Rares May 21st date will hold true.

Let us face it; is there enough money to go round to bail out all the broken nations in massive debt; states in US; pension plans...seems a new monetary system is coming; but not before collapse or outright war!

K Wave Superdome/Global Credit collapses do not just fade away in one mere year of money printing...so far they have staved off the deflation. My late great friend thinks a decade lies ahead to fix this mess.

West
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