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Re: tickettoride post# 19514

Tuesday, 11/10/2009 7:16:17 PM

Tuesday, November 10, 2009 7:16:17 PM

Post# of 31925
Thanks Guys, I appreciate it. Nothing really changed today. It is still make a new high and we crash from 1120. If we don't make a new high we crash near here. We are down to a matter of days.
Here is a little TA work for you to do.
Go to
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=msummary&cmd=show,iday[Y]&disp=SXA

Click on the industry indices and sector spdrs, look at the charts and note how many of them have failed to confirm the new high on the DOW.

I better explain what I mean by "crash" before someone has a hissy fit. I mean a dramatic drop, steep slide, drastic decline, prolonged dip or a parabolic downturn. I do not mean a 50% decline in a matter of days but once the stampede for the doors begins it will be something to behold.

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