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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (92844)5/26/2011 10:15:09 AM
From: robert b furman  Read Replies (1) | Respond to of 94695
 
Hi Bill,

Hope all is well with you and family.

Always enjoy seeing your market studies!

My guess is down into a long weekend.

So we all can worry about the world's problem:

Too much debt,the IMF,inflation that is just around the coener,unemployment,crroked politicians as we survive in the wealthiest country in history.

Besides we must complete this ending diagonal with a marginal new low.

The we go up into Bills projection new highs.

The fewest will be on board and they'll have a bigger appetite to buy the fast price mark ups if they are on the outside looking in.

kvh.com

Have a great day.

Bob



To: William H Huebl who wrote (92844)6/3/2011 1:11:36 AM
From: Vitas  Read Replies (1) | Respond to of 94695
 
Well, as this is what I think is an extended mf accumulation period similar to June-July, 2009 and Jan-Feb, 2010, right now it looks like an indicator such as storsi is in the process of forming the third bottom as it did then.

stockcharts.com

From a leveraged point of view next week sometime may be a good time to try a leveraged call option shot at a triple or a grand slam. Then again, maybe not.


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