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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (101949)3/5/2009 5:31:50 PM
From: LTK007  Respond to of 110194
 
BRILLIANT!!!!!!!!!!!! Max(eom)



To: ggersh who wrote (101949)3/5/2009 10:34:24 PM
From: TH  Respond to of 110194
 
ggersh,

I RUN A PONZI SCHEME

and

ASK OJ

Classic. ROTF.

GT
TH



To: ggersh who wrote (101949)3/6/2009 2:32:34 PM
From: LTK007  Read Replies (1) | Respond to of 110194
 
(just edited gg)Breakdown!
by Carl Swenlin
March 6, 2009

with text and charts(tell me if this is blocked, pretty please:)
His next support line matches my measure of 606 SPX low in July 1996.

decisionpoint.com

i add this gg, it runs with your thinking.
The first important support I see is the line drawn across the 1994 consolidation lows -- around 450 on the S&P 500.



To: ggersh who wrote (101949)3/6/2009 2:57:18 PM
From: LTK0071 Recommendation  Read Replies (3) | Respond to of 110194
 
gg if Swenlin and you do see 450 before a SIGNIFICANT RALLY, like to 850, it will be the most powerful down move in Market history that transpired in well less than 2 years.

TSR maintains BUY when Dow breaks 6000, for a rally of a few months, and THEN down towards DOW 4000.

A "Go Directly To Jail"/directly to 450 would constitute an absolute disaster.

It would lock in a Great Depression.
My call that this mornings jam at beginning would be but a desperate prop to a very bad day, was actually a piece of cake call.
It is getting embarrasing how crippled The PPT is getting. Max