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Politics : Am i weird or are the rest crazy? -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (380)	3/29/2007 10:48:58 PM
From: LTK007	Respond to of 3244

A day at time C.G., this is developing. Plus this is EOQ. As i noted we had 60-min charts at EXTREME OVERSOLD, a bounce very common at that level unless market is truly going into crash mode. Which it isn't doing nor do i expect that . We are looking for reversal of trend. Faber suspicion of bear in an inchoate state he has set-up a simple criteria and that is that highs reached by SPX on February 20th, 2007 will NOT be broken if the reversal is indeed its BEGINNING stages. <<The Standard & Poor's 500 Index is more likely to fall than rise above its six-year-high reached Feb. 20 because the threat of faster inflation and slower growth persists, said Marc Faber>> By the way i like that word for this:inchoate. That is really the word for where we may be at, and what i think Faber means by "may have started". So we watch. There is cause to view the inchoate phase of a bear is developing. We will see:) Max