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Re: BB_Blue Chip post# 10617

Sunday, 11/16/2008 9:41:01 PM

Sunday, November 16, 2008 9:41:01 PM

Post# of 364322
Rally RALLY RALLY BUY BUY BUY CALLS CALLS CALLS ~ My theme for most this week. I will be posting more DD as the night goes on but here are some of my thoughts:

MONDAY we open +150 or so, level was artificial due to the 300 pt drop in the last 5 minutes on friday. I also think people will be looking to grab BARGAINS.

Asian/Europe markets close green on the monday morning.

This sets us up for a similiar week from the one 2 weeks ago. More positive remarks start coming out on how the market may be turning, how we bounced off a 'technical low' and how the market reacted when we did hit the low.

The Dumbass analysts who have been saying we have "hit the bottom" three weeks ago, are now saying we are going much lower. This only could mean we go much higher.

Option Expiration week typically has much more trading volume and I think that gives the market more support.

Those are some of my thoughts for this week. I think 3-4 days up, 1 day down and market up 7-9% for the week. Then we start our descent to test and break 7800 on the dow...

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