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

To: Rarebird who wrote (5489)	3/17/2010 11:57:58 AM
From: Crimson Ghost	Respond to of 26251

The Fed cannot prevent new lows in real dollars. But they can most certainly prevent new lows in current dollars if they are willing to inflate aggressively.

To: Rarebird who wrote (5489)	3/17/2010 1:44:47 PM
From: westpacific	Read Replies (1) \| Respond to of 26251

Into the 1159 to 1176 target range; looking like an extended 5th; with one count saying a pullback and thrust up into end of week. The Megahorn Wedge remains to be fullfilled on the downside. Really shaking the shorts on this OP X week to sell into. Lets see what shakes out into the end of week. Lots of FED programs ending into month end... Reading an article from a very top rated algo trader; calling for crash in April! Long two years ahead of us and much is going to happen. Getting ready to reload shorts into my cash holdings...hedge shorts have taken a bath (10 percent of assets holding); but longer term that will not matter. Waiting on a topping candle, big selloff today would provide it... W