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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (9529)6/2/2008 10:34:36 AM
From: Hawkmoon  Read Replies (2) | Respond to of 33421
 
Regarding top in oil prices, this picture speaks a thousand words about demand in China for fuel:

chinadaily.com.cn

Hawk



To: nspolar who wrote (9529)6/22/2008 8:24:11 PM
From: nspolar  Respond to of 33421
 
A follow up DOW chart with some intermediate possibilities.

A good smash is likely, later this year, coincident with initial capitulation in the banking and financial stocks. The biggest part of the smash would appear to be due Sept/Oct time frame.



img48.imageshack.us

TF