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

To: Real Man who wrote (75200)	4/10/2007 8:45:58 PM
From: William H Huebl	Read Replies (2) \| Respond to of 94695

<Remember, stocks may rally for a while.> That is why I stay away from "predicting" and try to just analyze. For example, when the dollar broke above 85 in 2005, I said it could go to the low 90s and if it broke 94 it could get to 102 - 104 range. As it turns out, the 90s proved too much of a resistance. While the short-term projection is 76-78, both of us know that the 80 level is a psychological level that could bring the sellers out in droves! But 80 may end up to be a formidable barrier that could take many, many months to cross to build the right shoulder of even a bigger H&S. And THAT breakdown will put us in the high 60's! Eventually. But who is predicting???