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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: regli who wrote (47610)	12/19/2005 12:25:06 AM
From: skinowski	Respond to of 110194

Thanks. Agree about the McClellan report. I've examined thousands of charts over the years, and I am aware of the strengths and limitations of charting. So far all we have is a sharp, but still moderate decline of a few days duration. I am surprised that McClellans went out on a limb based on relatively little evidence. Maybe they know something but not saying it?.... ;) The Oil sector looks susceptible to another wave of declines - as part of a larger correction. That may or may not happen, but the charts suggest that it is likely. Message 21983581