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To: MythMan who wrote (324606)7/14/2006 9:45:58 AM
From: Real Man  Respond to of 436258
 
Monthly MACD is now negative on all major indices except the
DOW, but it is close to turning negative for the DOW as well.
It turned positive in early 2003, and stayed positive throughout
the BS liquidity rally. Liquidity did not matter Yesterday. I'd
be careful - this market could fall off a cliff, cause that's
how manipulation ends. Charts won't matter. A rally is possible
into early August, but some indices look outright sick now.
Some TA patterns show BK. I suppose, oil at 80 will be fine?
That's where Ben hilo money is going.

EW says ending diagonal, and wave 1 down will end at 800
SP. 9800 for DOW is (a) of I, 6700 is (I) -g-



To: MythMan who wrote (324606)7/14/2006 10:00:22 AM
From: Lucretius  Read Replies (2) | Respond to of 436258
 
dipping ain't workin yet -g-



To: MythMan who wrote (324606)7/14/2006 10:06:04 AM
From: Lucretius  Read Replies (2) | Respond to of 436258
 
my new favorite 3 letter stock is USO -g-


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