Dow approaching major turning point

andys0506

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Does anyone see this?
10700 possible top for a long long time to come...

Weekly chart attached.
 

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Does anyone see this?
10700 possible top for a long long time to come...

Weekly chart attached.

Hell yeah. I saw it. For a moment I thought nothing of it but yesterdays action (21.01.2009) may change the trend a little!
Wait and see! :-0
 
Yep, I wouldn't be suprised to see a retracement upto around 10500 which is where I will be selling from, but I think the longer term bias is now short all the way for a while yet...
 
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