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To: Real Man who wrote (394275)9/14/2009 4:33:22 PM
From: maceng2  Respond to of 436258
 
I'm not complaining btw. If it wasn't for the valuable contributions of the posters, I would have probably been crushed by this market recovery already.



To: Real Man who wrote (394275)9/14/2009 5:39:38 PM
From: NucTrader  Respond to of 436258
 
According to some, it's not bearish yet, but close.

Category: General Interest
From: sjrock (Steven Rock)
To: tf-richard (Richard Nelsen)
Date Posted: September 10, 2009 at 12:13:22
Subject: Re: US $
Reference: Re: US $

Yep, could be a 5th wave diagonal triangle. 5 = .618*1 @ 76.34. That's a valid target, since C=root phi*A at 76.39. However, the action since the 78.38 low hit in June could be a 4th wave triangle with a break out down to the "below 73" area I mentioned if the wedge doesn't hold.



To: Real Man who wrote (394275)9/15/2009 2:01:53 PM
From: Trumptown  Respond to of 436258
 
dollar dropping pretty hard...market up is pretty weak...may be getting to the point where the dollar drop is bearish sooner than later....