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From: westpacific	5/11/2010 3:59:27 AM
	of 26251

INDU and COMP have both completed key PF reversals... What of interest is the ending Megaphone targets and the PF targets... INDU Megaphone projection 9200/9250 area PF projection 8600 COMP Megaphone projection 1900 area PF projection 1870 The two are almost in lock step SPX Megaphone 975 area PF non confirming as of today; will watch if this changes this week Just so much chatter; on boards with different technical takes and on news sites with so much hype...will be focused more on the charts I run. There is one more very key chart I will not disclose that also confirms a good selloff to come. Timing; that is always the more difficult so we will stick with Rarebirds call of top in week or two into Mid May/June selloff... Overall much technical damage done on last weeks fall! It seems with Euro bailout after the coming fall we should see the nice bounce like Rarebird sees into August. We just need capitulation first and it has not there yet. Good read here as one other note... "We've got the beginnings of a credit-bubble collapse in China," said Roche, predicting the economy will likely cool from its stellar double-digit growth rate to a 6% annual expansion as a result. marketwatch.com West

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