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


To: Real Man who wrote (88119)6/18/2009 1:48:44 PM
From: GROUND ZERO™  Read Replies (4) | Respond to of 94695
 
I just did the unthinkable, I shorted some gold, call me crazy...<g>

GZ



To: Real Man who wrote (88119)6/18/2009 1:52:53 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
I've heard the treasuries just began a 27 year bear market...<g>

GZ



To: Real Man who wrote (88119)6/18/2009 5:40:56 PM
From: Hawk  Read Replies (1) | Respond to of 94695
 
Aliso Viejo, CA (PRWEB) June 16, 2009 -- Glenn Neely, founder of NEoWave Institute and prominent Elliott Wave analyst, today announces a startling prediction: The S&P 500 is forming a major top in June, which will be followed by a large decline, eventually pushing the stock market to record lows for the decade.

"Technically speaking, according to NEoWave a correction began at last October's low; the March-June rally is the final leg of that correction," Neely explains. "The March-June rally is now ending, allowing the bear market to resume. During the next six months, the S&P will decline 50% or more, breaking well below 500!" Currently, the S&P is hovering around 917.

Glenn Neely is providing this information not as a specific trade recommendation but as a general public service announcement. A prominent Elliott Wave analyst, Neely was recently recognized in Timer Digest's May issue as the #1 stock market timer for the past 12 months.