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J-RO

07/07/09 6:24 PM

#1524440 RE: chart_md #1524439

Golden Crossover = Golden Shower ~> All IMO
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Crazy Money

07/07/09 6:30 PM

#1524448 RE: chart_md #1524439

AIG had a R/S announced ;-) that don't count... can't wait for the FAZ R/S... weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

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RonnieD

07/07/09 6:46 PM

#1524456 RE: chart_md #1524439

$SPX / SPXU says ?

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i_like_bb_stock

07/07/09 6:55 PM

#1524458 RE: chart_md #1524439

are u wired to FAZ now? Man u have missed one heck of a penny mkt. these past few months. Sorry to hear u have gone to the completely bearish side with the worst ETF around, u have missed the boat.
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reversesplitFTW

07/07/09 7:15 PM

#1524466 RE: chart_md #1524439

I agree with you in the short term, take a look at the DOW chart. Mini head and shoulders pattern that just broke down today. That gives this about a 500 point target down to 7500. However from that point would create a larger weekly pattern inverted head and shoulders. Not saying that weekly pattern will form out because anything can happen, but it is a plausible scenario. I would be "cautiously" bearish.




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