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Re: rab120 post# 87869

Thursday, 09/10/2009 9:57:01 PM

Thursday, September 10, 2009 9:57:01 PM

Post# of 388897
Rab,

I have just finalised my analysis on AD issues. With all things being equal, it is a confirmed extended up leg. Today is like July 15. There is a short term turtlesoupsell signal though. However, looking back at July10 extended up leg, there was almost one TSS a day and everybody, mother and child included, was pointing to a H&S which of course failed miserably. Though there is always that 10% chance which may go the other way.

Geithner's article is goodness. If he can pull money out of the banks, the market should rally more. It is the glass 1/2 full scenario. If the market is to crash or retreat it will more than likely be in October, then rally again till the end of the year.

2bit
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