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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: morokko65 who wrote (2079)	1/24/2009 11:16:40 AM
From: SwampDogg	Respond to of 3209

Would tend to agree. The RSI and MACD and volume are looking very bullish LT and for a major low being in Oct '08. A Wave 2 consolidation between 250 and your target for a number of weeks going into the normal March swoon would not be a surprise. Either that or the PMs so not rest until they test the highs. Stocks like EGO are already there...pretty amazing. Must lean towards this being a sign of PMs being in a new impulse (Wave 3?) stockcharts.com stockcharts.com Big doggie has overlap...not bad for the bulls when a turd negates an impulse off the highs. Could be a 'b' wave but more and more unlikely stockcharts.com Is this going to bust out of this rising channel? Would be a clear signal that this time it is for real IMO. Ag stocks have certainly been signalling something stockcharts.com Should be an interesting week