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

To: GROUND ZERO™ who wrote (45286)	2/4/2013 6:58:01 PM
From: Vendit™	Respond to of 220818

A fresh and new down trend normally lasts several weeks with some burps to the upside which are brief. Technically I can clearly see the trend reversals and be accurate within a day of a trend reversal minus news, airplanes flying into buildings…the news unknown happenings. You more than likely already see the downside number where the Bull will once again begin. Soooo…….give up that S&P number if you have it or do it when you see it! V

To: GROUND ZERO™ who wrote (45286)	2/4/2013 8:26:24 PM
From: Joseph Silent	Read Replies (1) \| Respond to of 220818

We seem to be following an old script, more or less. I don't know if the full pattern will repeat (and plain horse-sense says it's doubtful) ....... but if it does, keep one beady eye on an approx. 1460 target. Most likely, this strong a market will turn up before that. Maybe 1475. We'll see. One thing for sure ..... a big one month run up deserves some down time, or "breathe out" as Chief says. Interesting point, maybe: today's decline brings us back to that white backbone line in my chart --- right on the nose. I expect we will go below it.