Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 670.92

+0.1%

Nov 7 4:00 PM EST

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To: TraderMann who wrote (9882)	9/13/2010 4:23:47 PM
From: Chip McVickar	Read Replies (2) of 218584

if this week or next doesn't produce the 10 - 30% drop as expected... which is needed to keep the market harmonics balanced... don't believe significantly higher prices can be achieved without another eventful decline within this time frame... that said long...drawn...out... coils as we see here can also become sideways corrections... creating increased frustration... out of a...coiled formation we should see significant movementin either direction... daily stockcharts.com weekly stockcharts.com

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