Wednesday, March 11, 2009

Scenario

I am reading a bunch of people as usual calling for the bottom here. Based on my wave count which I am nowhere a expert we should expect any rally to be stopped in the 734-748 area. It is possible we could touch these levels today or tomorrow and that would be it for the rally. Obviously a sell off to 672 would negate the upside and down we head again, the crucial point for the bulls is obvious! Can they muster up a follow through day>?

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