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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: blitzfund who wrote (74763)	3/2/2007 10:30:42 PM
From: shoreco	Read Replies (1) \| Respond to of 94695

#1 >> Everyone says we have more of a correction to follow? << #2 >> Geez what if this is only the pullback, that everyone wanted so bad? << Yep, best of both worlds... Next week after some early weakness we'll rally sucking in the believers of #2 (They will be right for a few days)... Then we will fail and drop to where #1's are patiently waiting to buy (the bigger correction and they too will be right)... But the problem is when everybody is right, everybody is wrong... #3 will be much deeper than the Bulls want and that will leave the Bears pounding their chest (8 to 12 week correction)... #4 will leave the station w/out the Bulls (they will be blinded by the headlights) and trample the Bears along the way(Could be as early as May if the World stays on it's axis)... See you at the year end rally... Good Trading, Shoreco PS All just a WAG of course...

To: blitzfund who wrote (74763)	3/3/2007 5:34:48 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 94695

I think we could possibly see 1335 at worst, but I think this is the pull back everyone wanted and is now afraid to buy... we'll likely move lower before we see new all time highs, but I also suspect at the end of the day this bull market is going much, much higher... we've only pulled back to the breakout trend line, so we should see a bounce on Monday for a good trading rally before we move lower into those major lows of this current cycle...IMHO Meanwhile, I'm still short, no buy signal yet... GZ™