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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (199341)4/30/2009 7:27:17 PM
From: ajtj99Respond to of 306849
 
Yeah, I was playing that today, although the right shoulder didn't make it to the 881 SPX area like I thought it would.

The implied target is only 848 SPX, and lately those formations have been coming up short of their target.

I think it will be similar to the April 2-7 correction.



To: Galirayo who wrote (199341)5/1/2009 12:53:18 AM
From: Skeeter BugRespond to of 306849
 
GR, volume on that right S&P shoulder is strong. i recently read that a true H&S should have lighter relative volume on the right shoulder.

maybe it is a shoulder fake. the next 6 trading days will be very interesting. i think we are 5%-10% higher or lower by monday after next.


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