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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: MoneyFriend_2.0 who wrote (43790)	9/5/2009 11:10:52 AM
From: da_cheif™	Read Replies (3) \| Respond to of 208309

the problem is that the recent decline counts best as wave c of an irregular flat to 991......C waves are nasty affairs that turns everything south.....very tricky formation and when i saw ewi.s hochberg fall prey to this the other day i remember the july 1987 irregular flat that got precter real bearish at the time......the market exploded from there.....there have been numerous small irregular flats during the advance from the march low.....a hallmark of these formations has been the short selling and top calling so many times along the way......

To: MoneyFriend_2.0 who wrote (43790)	9/5/2009 3:19:43 PM
From: zentrader	Read Replies (1) \| Respond to of 208309

MF don't fall into the trap. EVERYBODY thinks we are goin down ST. Bear Bus is packed full. You really don't want to be on that bus with IYB, NAV, xtrends, and the rest of the morons trust me ;-)

To: MoneyFriend_2.0 who wrote (43790)	9/5/2009 10:02:08 PM
From: Fintas	Respond to of 208309

I think you are a bit too pessimistic re time frames. I can see those lower numbers I just don't think they will happen. And if they don't happen than that means corrections come but from HIGHER numbers. What TA is not seeing and can NOT see is what is out there that can fuel em. I'll stick with a more positive view and the worst that will happen is that I get to buy on dips and it takes a bit more time. On the other hand if my work is correct those who wait to get in will miss it and those who wait for the low 800's will be waiting for that too happen as those who are waiting for the 550 spx. UGH. Thanks for you well thought out view. I just don't agree. SMILE