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

To: LTK007 who wrote (234717)	12/30/2009 1:53:21 PM
From: Skeeter Bug	Respond to of 306849

>>Swenlin had a superb TA reason for his call, the market had a head and shoulders breaidown,a major bearish signal, and shorts had piled in hard and on 7/13 the SQUEEZE was set--the shorts had been suckered-IT WAS a TRAP. And the shorts got ANNIHILATED, and that was a display of raw power.<< technically, it never closed below 878 - that would have confirmed a down trend. it did dip to the low 870s before being catapulted back up to 878 and change to close. then the ramp. yeah, it was spectacular.