Tuesday, October 13, 2009

Oct. 14 update... The sept 23 high has now been taken out, so my forecast which did produce a small pullback has now been breached, nonetheless the internals are weakening as well as momentum seen on chart below and this being the T theory week should still lead to more weakness in coming weeks.

2 comments:

  1. Russ,
    I tend to agree. Once we get past a low later this month then a bounce into Thanksgiving that should seal the deal until next spring.

    Cal

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  2. Looks like we will tag dow 10,000 and spx 1100 and thcen orrect.

    Keep up the good work Russ.

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