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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (87067)4/8/2009 3:44:07 PM
From: Real Man  Read Replies (2) | Respond to of 94695
 
This market keeps shaking off buyers, moving up and down sharply
in a trend higher. The spread between MA got too high, folks
remain very fearful. In fact, the spread was a record for the
past 35 years. The chart does not go back to 1930-s. This
is the spread between 50MA and 250MA. We are very overdue
for at least a lasting technical rally. -g-



financialsense.com

FWIW, the dude thinks W bottom. I don't think so! We
just had a V in March <G>