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Ed
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Who cares what the market is going to do, we are all going to die from a new strain of H1N1 that in less than a week has infected more than 1 million people in the Ukraine and seems to be killing people with hemorrhagic symptoms at a rate much higher than normal and given the rate of infection, this strain is much more efficient. I give it two weeks and we'll have a lot more to worry about then what the count is. 1918 nightmare unfolding. http://www.recombinomics.com/News/11090905/Ukraine_Million_Top.html
Toggle Commented Nov 10, 2009 on Dollar is Not Done at Planet Yelnick
From Neely an hour ago "So far, the S&P is following the reddashed projection line almost exactly. That gives the “wave-(B) isn’t over” scenario greater weight, which means one more, larger rally is underway. If correct, I would expect a top near the 1200 level. Optimism should get very high by then, allowing us to go Short." Says nothing about 1093, so there...Point being, he's calling for another 10% upside.
Toggle Commented Nov 9, 2009 on Dollar is Not Done at Planet Yelnick
You can add Neely to the group, he's now saying we are in for a large rally to 1200 S&P, then it will be a "good time" to short....Ha.
Toggle Commented Nov 9, 2009 on Dollar is Not Done at Planet Yelnick