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

To: patron_anejo_por_favor who wrote (201347)	5/8/2009 4:06:57 PM
From: ajtj99	Read Replies (2) \| Respond to of 306849

They may gap it up to hit 944 SPX or even 950 early Monday. 8650 Dow is a key area as well. NDX looks sick here. TRINQ was very high all day long. 6075-6080 NYA is another area to watch, along with 6014 NYA. The daily ADX-14 -D on the NYA and SPX should also get to 10 for a decent pivot high. They're close, but not there yet. The trend strength line on that indicator is still rising and only in mid-range, indicating a trending move is still happening.

To: patron_anejo_por_favor who wrote (201347)	5/8/2009 4:14:26 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 306849

Patron, i'm holding over the weekend, too. not sure if this was the top, but it is in looney land. i've been adding to my NGD position and i'd like to ask your opinion on why it is still down 80% from its high in 2008. it seems that the economy is much worse. yes, gold is off its high, but not so much one would expect an 80% drop. anyway, i'd appreciate your thoughts.