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To: loantech who wrote (27940)	12/18/2006 10:05:21 AM
From: Rarebird	Respond to of 78411

>>Been a while since the general market had a big swoon. We are due but will the puppet masters allow it?<< I'm looking at very strong distribution pressure here in regard to the Nasdaq 100. If you contrast the new highs in price being made now with the volume oscillator "highs" -- the latter are occurring very near the zero line or below! This indicates that the smart money is selling into the rally. The Nasdaq 100 formed a contracting triangle in late November which finished last week, resolving into a thrust rally. Often the peak in the thrust rally will occur at the same time that the apex of the triangle occurs, which is the 27th of December. The S@P 400 MidCap: One more new high is needed to complete a pattern very similar to the one that it had at the May top: A Rising Bearish wedge says a big decline is coming. Although it is too early to short, it is not to early to hedge or reduce broad market exposure for the sharp decline I see coming early in the first Quarter of 2007.

To: loantech who wrote (27940)	12/18/2006 10:41:11 AM
From: Rollocaster	Read Replies (2) \| Respond to of 78411

pull the string... bela lugosi!