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S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
61,124.00
(
0.53%
)
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porter

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porter

Re: AD post# 555287

Saturday, 07/14/2007 12:13:13 AM

Saturday, July 14, 2007 12:13:13 AM

Post# of 704019
AD

Meaning?...skipping all the e-wave jargon...we are NOT in a Bear market as yet...we will not crash...we will not rise to 36,000...we are going to be locked in a broad MASSIVE prolonged horizontal trading range for several years...and ironically the very people who are now callng for and predicting a decline are fueling its rise...

Consider also: we can... and most likely will... move down to DOW7200 and STILL merely be completing a Wave 4 pattern before turning up again.

I've been asking people to "explain"(defend?) the daily QLD to QID ratio and no one is addressing this off-the-wall, insane, fcking imbalance. At worst it should be a 1:3 ratio.

Regards
P
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