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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: TraderMann who wrote (9882)9/13/2010 1:29:36 PM
From: livelongandprosper  Read Replies (1) | Respond to of 218583
 
I agree a pullback will come. I think at 1090 there is pretty strong support (and it would also be a gap close). I don't think we will go any lower.



To: TraderMann who wrote (9882)9/13/2010 4:23:47 PM
From: Chip McVickar  Read Replies (2) | Respond to of 218583
 
if this week or next doesn't produce the 10 - 30% drop as expected... which is needed to keep the market harmonics balanced...

don't believe significantly higher prices can be achieved without another eventful decline within this time frame...

that said long...drawn...out... coils as we see here can also become sideways corrections... creating increased frustration...

out of a...coiled formation we should see significant movementin either direction...

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