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Post# of 68674
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frenchee

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frenchee

Re: FinancialAdvisor post# 19218

Monday, 10/03/2005 6:16:25 PM

Monday, October 03, 2005 6:16:25 PM

Post# of 68674
My guess the twin support points from the Aug low and 200-day SMA will not hold. At best I see a consolidation because manufacturers recently reported the largest increase in fifteen years for material prices. Upside forces are building in the inflation pipeline at the wholesale level and I believe they will be passed on for the most part.

My TLT plan is to add to my short position on signs of strength when price > 5-day SMA and < 21-day SMA.


Regards,
frenchee

#board-4258 TSP Trend Timing: EFA (I), TLT (F), SPY (C), and VXF (S)

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