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Re: SMF Trading post# 46

Thursday, 01/17/2008 8:52:06 PM

Thursday, January 17, 2008 8:52:06 PM

Post# of 61
from jan.2003 til about sept.2007 " i see five point of interest. the five wave peaks ascending trendline."

now in huge decline since second fall from 14-k area. so double top breakdown imho.

to stop declining for now, dow 30 will need a huge volume reversal day.

but dow 30 may have to drop 500/600 points in one day for a complete reversal. imho

from the dot com crash it almost took 3 years to reverse clinton era last two years which he didn't nothing to turn declining markets around.

i see bush drumming in middle east for help which liberals didn't do for dot com crash.






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