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Non-Tech : The unknown zone

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To: Runomoâ„¢ who wrote (1137)4/28/2012 10:08:05 PM
From: robert b furman  Read Replies (1) of 2185
 
Hi Bro,

The last 29 days have been a negative corrective wave.

Advance Declines have come out of negative territory.

stockcharts.com

stockcharts.com

It has resulted in new highs popping up of late:

stockcharts.com

stockcharts.com

I think we should have a very solid day next week and then sideways.

If we repeat that for 30 days we'll have a next impulse wave that will attract a lot of money.

Could be time to sell into it.

I think the indecision going into this election(which I think will hit all time new lows in political mud slinging) may well put us into a greater degree corrective that will take us to the election event.

Short term looks very good - but if it gets too good - I'm taking some chips off the table.

Bob
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