[RT] DOW multiweek

[Ben <profitok@xxxxxxxxxxxxx>]

 

Sent: Wednesday, January 09, 2008 11:11 AM

Subject: Re: DOW multiweek

 

Has anyone pointed out that the 10 day OPEN TRIN is 1.60, basically the same level as at the 1987 crash low.  Then and now the highest levels in the last 30 years.  Another bounce up and a final spike low should be seen Friday for the bottom.  A high to high to low from July 16  to  Oct 13 to Jan 11.

 

Also, if we break the August 16^th low in either the Dow or S&P we will be in a bear market, regardless of the rally into February. KWM

 

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