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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (5407)	2/22/2010 10:16:09 AM
From: Rarebird	Respond to of 26251

Prior to mid-May, odds favor higher highs. Dips are buying opportunities with extreme caution due to the fact that rallies are counter the main trend. A peak before May and a resumption of the main bearish trend cannot be ruled out, so I must recognize that if it occurs. I treat the market as a short- to intermediate-term trading market until the rollover into the main trend down is confirmed. I still expect a double top at the end of August and a resumption of the main secular bear trend.