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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (20110)	4/30/2009 4:25:03 PM
From: LTK007	2 Recommendations Read Replies (1) \| Respond to of 71402

Well i am going to my 3-knock rule regards 887, If fails twice but returns a third time odds about 75% we will breakout. HAL has 887 as the major near term resistance with minor support at 848 and moderate strong support at 819. It then has a minor resistance of 904 and major support at 792.(792 goes. We are faced with the HFT range players, i personally think if they let 819 break, we have seen the highs for the year. i myself am thinking i will shift fron neutral to bearish if SPX closes a day below its 72ema /now at 833. TSR remains CAUTIOUSLY projecting that this will breakout , TSR, like me, however, are salivating too much over what a GREAT short hard and mean, if we break and run. For IF this rally has another major leg up there is a lot of money to be made with a 3xultrashort/BGZ, because trip down will be MEAN. Max