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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (39038)	3/5/2009 10:25:33 PM
From: Turbodiesel	Respond to of 208277

Yes, and now that even looks too high for the bottom of the bear. that'll be in the range of 350-450, imo....

To: Investor2 who wrote (39038)	3/6/2009 9:25:26 AM
From: bearshark	Read Replies (1) \| Respond to of 208277

"A run on money market funds ... not a pretty thought." I haven't looked at the futures yet so I don't know how we will open. However, for the first time in around 25 years, I've started to add funds to my stock account. Needless to say, the current market is technically oversold. It may sell off a bit more but it is oversold already. I've always believed that anything mortal must operate within boundaries. Dow, Elliot, and others describe how we reach those boundaries. Its amazing how much one can get out of a simple phrase: Three steps forward, Two steps back. Simplicity is a hell of a thing. 3+2=5 Somewhere in the near future, we are due for a 500 to 1,500 point move up in the INDU.