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

To: patron_anejo_por_favor who wrote (257764)	6/30/2010 4:26:40 PM
From: The Reaper	Respond to of 306849

Wally World looks like we may be ready for a ride down the Matterhorn soon: Ooooh, dat's a good one.

To: patron_anejo_por_favor who wrote (257764)	6/30/2010 4:44:30 PM
From: yard_man	Respond to of 306849

awww -- plenty of support at 26 ... who'd have thunk it with their wild marketing as of late.

To: patron_anejo_por_favor who wrote (257764)	6/30/2010 5:30:11 PM
From: LTK007	Read Replies (2) \| Respond to of 306849

The SPX Weekly is Ominous, look just at the RSI and MCD and you see we have a quite a ways yet to get extrem oversold on WEEKLY, but near term bouncing likely. Key emas/smas on Weekly for me are 17 and 43---the slope of both is building a down monumentum, a cross of of 17ma of the 43ma i believe would be an entry into lows below are last collapse. i post chart than rap about , "Yes, Virginia there are a few SAVVY and Honest StockBrokers out there":) Regards missing it the breadown, me to(i do have a SPY put position for December 2010), my super savvy broker, at age 42 resigned from RBC(he was a VP)last week and has established his own bouquet little Fund--he was managing 1 billion dollars at RBC, i think a lot of those dollars will follow him, as i am doing now, so at moment i can't trade, anyway--as i need do the paper work(signature) to get this done and mailed off. NOTE: My broker RESIGNED when RBC said he would be put on probation if he DARED hedge his clients from, what he saw was a Bad Time ahead. 16 hours before he resigned he called me and was on the phone for 2 hours, we were running through all our cases for their is hell ahead, at ANYTIME in the next 2 years. He said, he can NOT stay employed with a Brokerage that would NOT let him PROTECT his clients, he could NOT watch them get SLAUGHTERED---he then advised the next day he had resigned, but had been working secretly for 2 years to set up his own mamagement company if it came to that, and it did. He turned down a 1.5 million offer from Morgan Stanley to join wioth them----damned i like this fellow, i wish him luck--now to get my money to him.i have never been an online trader, as until VERY VERY recently, i has NO access to BroadBand. i am now at 3mb a second.(Speed Test, is a steady 2.8mb speed)

To: patron_anejo_por_favor who wrote (257764)	6/30/2010 6:03:10 PM
From: Perspective	Read Replies (1) \| Respond to of 306849

Nice setup. Do we need a thread devoted to nothing but stock rec's? The RRECI chart-head thread? I'd like to see more specific setups being shared, like that one. I don't know if folks would like mine since I tend to dig up some unusual ones, but I'd be happy to share. I've been building positions against ACF and DDS, as well as some base metal producers. Too bad that AMZN didn't bounce enough today for my short. `BC

To: patron_anejo_por_favor who wrote (257764)	6/30/2010 7:25:15 PM
From: Smiling Bob	Respond to of 306849

I was eying that one up yesterday I'm as short as one can be already, otherwise that would be on my Casey Casem list

To: patron_anejo_por_favor who wrote (257764)	6/30/2010 7:34:02 PM
From: ajtj99	Respond to of 306849

The initial target for that chart would be an outside double bottom at 25.62, which would also test the old inverse H&S bottom neckline.