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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (169528)	7/9/2008 12:13:49 AM
From: Galirayo	Respond to of 209892

LOL .. Screeeching .. Owl .. I get it, Bob. ;) I guess that's better than a Screeeching Bull. hohoho The way the chart looks I'm afraid to say anything about a bottom. I've been Smacked pretty hard when I start talking about Bottoms. And they were such nice girls up until that point. <g> Oh well. Anyway. Mr. Market even blew up my Square of Nine again yesterday. Not a Good thing but the last time that happened we did have a bear mkt rally. From my meager knowledge of EW machinations I think this last downstroke has .. what they call subdivided. So where I have the iii placed might actually be a i followed by a ii and we're still looking for the end of iii. Message 24740602 Ski worked up a count. This seems to be the reasonable count for the moment. A bounce sometime for a iv up then lower after the bounce. Message 24737228 I think the fact that helicopter Ben may extend the Fed Facility longer may keep the banks and brokers from liquidating some of their core holdings to raise capital so the drain may have been slowed somewhat today with that Blurb. >>What we need to see within 4-10 days is a confirmation day on BIG volume.<< We may not see the Big Flush yet. But wait till the Housing Bubble bursts in some of the other countries. This Fiasco was not just confined to the US.