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

To: PJr who wrote (78075)	12/6/2007 2:33:17 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

It's easy to stumble over words often enough to find the right one, it has to do with the poverty of language itself, I do it all the time...<g> Today's action has nothing to do with these calculations, it has to do with my taking a closer look at some of the models I use to see where the next trouble spot will be... in fact, the model was able to calculate these future selling levels the same day we made the low of this last selling wave, but I didn't see a reason to look ahead to an overhead selling level until I had a reason, and the buy signal yesterday was enough reason to look ahead... But I will say, IF the market actually reaches those levels, I can tell you now with absolute certainty that we will see a serious topping action of some significance at that price zone, there is no "maybe" about it... forgive me for being so bold, but I've not seen the model fail that way yet except for two or three occasions over the past 25 years of tracking the daily price action with this model, both in real time and in back testing... GZ