Monday, August 17, 2009

Happy to see confirmation...

For those of you who have followed my blog (none I suspect!), I have been calling for a correction. I believe it is officially underway. I am very pleased with my technical analysis over the last 10 sessions or so... Here is a look at the short term retracement that I expect.




I will now wait and if we breach 960, 940, then 920 - I'll expand my outlook to the following chart:



Also, for those watching the DOW:



Long term DOW:

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