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Re: forzagrifo post# 1278

Tuesday, 10/06/2009 1:53:07 PM

Tuesday, October 06, 2009 1:53:07 PM

Post# of 2232
This vid covers it very well. Take careful note what he says about the % of bulls at the bottom and the % of bulls right now. I have been asked many times when I figure this B wave rally up will end, the short answer is when enough people start believing this is a new bull makret. Well seems Bob places that at 87% right now, the longer that remains the more likely a top is in. He figures we likely already started, I lean to one more last rally, thing is it could end any minute.

Bob Prechter: "Quite Sure" Market Will Crash And Break March Low

http://www.businessinsider.com/henry-blodget-bob-prechter-quite-sure-market-will-crash-and-break-march-low-2009-8

I find it interesting he is bullish on US$ and I am very bearhish. But he may be talking the short term, as in 3-6 months, and yes the $ could put in a good rally before it DIES.

If you have not studied and made big profits using TA you might consider being wise and forgo your critical judgment of it.

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