Replies to post #160 on Donut Shop

[euterpe1]

Hey XE,

I was just looking at your NASI chart on the monthly and this formation is beginning to look a lot like Nov/Dec 2004 to me.
What do you see?

I sold half of my long position @ the 1720 area and the rest of it will get closed out today. That said, I would be surprised if we had a sustained sell-off until the first of the year. What a way for the new Democratice Congress to be welcomed in.

[xe2dy]

Monthly chart thanks to Rogerdodger at TT