I'll take the other side of this bet. Actually, I already
did. Isn't another interpretation that we are just breaking out of a 6
week consolidation pattern?
regards,
tbr
From:
realtraders@yahoogroups.com [mailto:realtraders@yahoogroups.com]
On Behalf Of Ben
Sent: Monday, December 14, 2009
7:48 PM
To: 'Ronald McEwan'; realtraders@yahoogroups.com;
astrofin@xxxxxxxxxxs.com
Cc: 'Vince Donovan';
panda2222@xxxxxxxxx.net
Subject: [RT] sp500
Attach
is the market barometer
Notice
on left side of chart when the 2 dashed lines were ABOVE price line(Barometer
lines)
(Price
line is the red connected dots)
Today,
we closed at 6 month high, unconfirmed by market barometer,
To
make matters worst,
Notice
last 4 peaks we lower picks, with higher prices
This
is a QUADROPPLE divergence
Does
it mean we crash tomorrow?
No
But
sooner than later
Ben