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Strategies & Market Trends : Charts & Scans -- Ignore unavailable to you. Want to Upgrade?


To: TWICK who wrote (4939)3/17/2008 6:31:37 AM
From: Jeff Jordan  Respond to of 5125
 
Those were some tough times back from 2000, yes it feels the same and we definitely have a mess now? I was too optimistic back then but you know the boom bust cycle so brace yourself?

What's next? Will the FED ever open the discount window to the man on the street? Cut out the middleman? Hell no! If we don't get some serious tax cuts fast we are in for some serious trouble?

I guess its time to sell crude...all the peaks will likely crumble on a weaker economy? This sucks for sure! All the nuts will come out of the woods saying we're going to zero now?

Speaking of tough times, I couldn't get a bite this weekend? I know I didn't fish the right part of the lake and conditions were cold and windy, hopefully this is the end of winter, just cold times ahead for the economy??? They are already talking $4 gal. gasoline for Summer, I probably should cut back a little on my fishing out of state? I'm wondering if its worth taking my boat to the Elites?

They didn't do my engine wrap right and it doesn't look as good as it should, I'm having to find someone else to do it again, I might just do it myself and let my new guy just do the printing?

Tough times ahead.....time to stock the bunker?<g>



To: TWICK who wrote (4939)4/6/2008 1:50:39 PM
From: TWICK  Respond to of 5125
 
Update to last month's SPX drawing. If it breaks down here, possibly adding more confirmation to my double top thought I had last month. I also included a 1 year zoom of the second circle in the 10 year, which to me... and I could be totally wrong here... is showing me an ugly wedge. This is looking yucky. We need a few higher bottom bounces in the mid 1300 range with higher tops and eventual brake through the top above the wedge.

But I could be totally wrong. I'm just drawing after all.