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

To: Runomo™ who wrote (39177)	3/11/2009 8:11:22 PM
From: bearbyebye	Read Replies (1) \| Respond to of 207832

This sounds like a quiz and I like quizzes so let me try w/out doing any homework. how many times have you witnessed only 1% of the sp 500 above their 200 day moving average? Zero. how many times have you witnessed over 3000 nyse new lows and then the nya make a positively divergent secondary low on less than a third less new lows?? Zero. how many times have you witnessed a potentially double divergent nyse and naz breadth mcsums? Zero. how many times have you seen an index diverge from its 200 day ma by as wide a sigma as you witness today? Zero. how many times have you witnessed short term and long term double divergences in the nyse and naz MCO? Zero. how many times have witnessed this universal negative sentiment in the market? Zero.

To: Runomo™ who wrote (39177)	3/11/2009 10:45:37 PM
From: Turbodiesel	3 Recommendations Read Replies (4) \| Respond to of 207832

For Kass or Fleck or other "perma-bears" to call for a 50% rally or a 100% rally, no, that's not unbelievable.... But for someone such as them to come out now and say the markets have achieved a "generational low", that's a very ignorant statement to make. Can someone such as Kass really be that mis-informed? Not only may these recent lows get tested by next Friday's close, but they'll definitely get taken out sometime in 2010. Bookmark this and see if I'm wrong.