Friday, May 08, 2009

SWENLIN ON WEDGE

http://www.financialsense.com/editorials/swenlin/2009/0508.html BAsically a call that, well nothing is 100% but likely we are close to resolution here, more than likely to downside.

Swenlin seems to think this will be brief and rally will then continue.....figure attack of 200 EMA at least.

One of the stronger bear mkt rallys Ive ever witnessed, but for now still IN a bear market. Nothing is for certain, but IF a NEW BULL MKT has commensed....there should be plenty of time to enjnoy the rise, though early on is the most dramatic. This would surprise me to some end, but some of my TA pointed to the possibility, I could never confirm it. And there are missing components that would make this one of a kind.

D

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