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To: Rarebird who wrote (5325)	1/22/2010 4:49:01 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 26251

This is not one of your better calls Rarebird. I had postulated that most of those who thought they could ride the bull and get out before the big plunge would be trapped. As for me I exited the bull too early, but was modestly short just before the plunge. I suspect we now are close to a short-term bottom, but look for substantially lower prices after the inevitable bounce.

To: Rarebird who wrote (5325)	1/23/2010 8:08:48 AM
From: westpacific	Respond to of 26251

Looking for a 5 wave down move into March, SPX low 900s, then an upward move for several months, into May, to complete the 2. Close to completion on the first wave of this move, look for some sort of correction wave in the coming week. Looking for about a 20 percent correction for this move into that March timeframe. West

To: Rarebird who wrote (5325)	1/25/2010 9:49:42 AM
From: Rarebird	Respond to of 26251

Transcendental Market Truths (Fragments): The Market: This week, the market should recover some of its losses. The underlying trend remains up and strong sectors are a buy on dips. The warning flags are flying that the next leg down in the depression is getting very near. Gold: Gold is definitely not a hedge against deflation. And, that's what this depression is - a deflationary depression. Mining Stocks: The Gold BUGS are under severe distribution (selling from insiders), indicating this is a sector to avoid like the plague. SemiConductors: The SOX Index has great fundamentals, but when push comes to shove, the money flow line has been warning that a big decline is coming. That's why I've been short the sector via SSG: Message 26194989 This is my traditional best leading indicator for the stock market, and, what it says is that the depression has another leg down coming. Near term, the sector should get a bounce within this bearish trend. That is to say, the SOX should bounce from this 50% retracement level (329.5050), but is going down on a trend basis. Nasdaq-100: Despite the selloff last week, NDX remains under accumulation and is a "buy on dips" for short term traders. (Investors should stay clear of these markets As I said previously, Cash is Still KING!) Message 26229926 Dow Industrials: Money flow shows there was very little pressure on the downside, so this dip is a buy for a short term trade. NYSE Composite: It's the beginning of the end for the broad market NYSE Composite. Bearish divergence in money flow says that the sellers are going to be capping the upside for several months as they cash in their chips. Tops are a process and this one is likely to drag out til late August. S&P MidCap 400: The trend remains firmly to the upside in the MidCaps and this dip is a buying opportunity only for short term traders. EUR/USD: The Euro is weak and getting weaker, reflecting abominable fundamentals in Euroland. US Dollar Index: The Dollar Index is still near the beginning of a long term bull market, with most of its potential still ahead.