ET Official Bottom Watch Thread

True enough, true enough. Surf has just spent enough time denigrating the trading methods of others that when we get at least one and probably two spectacularly wrong calls from him within a few months, it's good to point it out in the interest of keeping it real.
 
Gann analysis indicates that a bottom is due when we hit 6968. I do not believe we will see a weekly close below this number before a significant reaction occurs. Over the next two weeks I expect to see some sort of significant reversal.
 
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