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01-16-10 08:24 AM Folks, ES is setting up for the Big DIP. Ride the Slide. I believe they will touch 1200 first before tanking it. Target on the short is 850. If we break 840, ouch for USA. ----------------------------------------------------------------------------------------

Eko, I think we see 900-840 in the very short-term. We are near 1100 already.

LC, yes the 900-840 area needs to hold. Actually that would be the ideal target and next buy area.

over the next year

tort, no i am not.

LC, My position on the market has not changed. This drop from 1208 down to around 1020 is the next big buy to propel us to 1475. When we poke 1475, the markets will collapse and trade down to 265. Best, wave

Yes LC 900-840 next major buy area.

http://www.youtube.com/watch?v=CUIDNSwRRUM&feature=related I knew I smelled napalm.

Well, my longs were stopped out, I was holding them back to 1208. We got the 100 pt drop from above 1200. Mama Bear was Hungry, that's for sure. I am going to have a look at the charts tonite and update in the morning. Nice job LC.

watch how they take it up now

It's fine if you sold and still selling, but you really should be buying this down move from here down.

1208 today.

There's gotta be some bads news getting ready to be released.

I smell Napalm as we approach 1208.

Study market mechanics and you will see why it works.

"many a family that has lost its car has found its soul." I would call it the "WAKEUP" button.

The public is all giddy about how the recession is over. I hear it all around from the armchair experts. "You see that rebound in housing, yeah recession is over they say." lol, no idea what's coming down the pipe for US economy. UNINTENTIONAL CONSEQUENCES.

Mama bear going for dessert.

Nice 1208 short on the double top. Look for that long setup for 1208 touch again.

So what's everyone doing to prepare for the possible depression? If Goldie Locks found guilty, oh boy...