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Strategies & Market Trends : Longer-Term Market Trends
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From: AllansAlias8/19/2010 2:48:48 PM
4 Recommendations  Read Replies (4) of 3209
 
Finally, after so much gooey jello... we are right at the edge of deciding the next tradable move. This inflection point will break, and it looks down still to me, within 4 - 7 days is my guess.

Just take a look at like a 2 or 3 year chart. Take a look at the entire action since the top, called here April 15. Sure looks to me like we are setting up for the money move of the brother leg down -- the 'C' or '3'.

Hey, I tell ya what tho... if it 'Hounds' and breaks up, I'll buy with 1.5 fists. :)

Cheers, A
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