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Market matters....where to now?
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winger
Posted 1/15/2010 09:59 (#1023639 - in reply to #1022916)
Subject: Re: Market matters....where to now?


swmn/soin
Leonard.......you are quite welcome. There are other good chartist on this site also. Its kind of like comparing notes on how we interpret things.
I had not heard FC Stones prediction, but they might be a little on the generous side. I hope I am wrong. But if we close below 3.32 it opens up the door to a possible test of 2.92. Beans....on the weekly chart we are working in a coil pattern.....we went into it coming down and should continue the down trend once we break out of the coil. Agree with your opinion on stock market.....think we only have a matter of days before this thing rolls over, but when it does get the downside momentum going....its going to get real ugly.
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