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To: westpacific who wrote (4947)11/19/2009 8:12:19 PM
From: fred woodall  Respond to of 26251
 
Westie you have been on my peoplemarks for the better part of ten years and do believe me I enjoy your post and certainly respect your input but this Armageddon play has been going on for some time now.

No one in his right mind can dispute your longer-term view and your insight deserves respect but market timing is not your cup of tea dear brother.

Concentrating on confirmation of a top in the market may be more helpful.



To: westpacific who wrote (4947)11/20/2009 5:48:04 PM
From: Real Man  Respond to of 26251
 
Another screw job is more likely. I agree, some topping action.
Tops to screw the bulls, bottoms to screw the bears. The
proceeds go to Goldman. Short term
traders are screwed most. You can spot them on the charts.
No, they will not collapse. They are awash with money.
Need an arrow for screw jobs on DOW charts? -g-

FWIW, this is not small volume, these guys are 2/3 of the
market - and there may be a screw job on Monday before Spoos
actually roll over. -g-

wallstcheatsheet.com