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Tuesday, March 3, 2009

S&P almost bottoming

Big big rally coming... Got out of shorts at 711, we may still have more downside towards 650-630 but in my opinion is not worth the risk. I expect a rally towards 1013-1100 at least until the end of the year, this would be a return of more than 45-60%, in the next 6-9 months.
Wave 5=1 at 655. Other projections indicate 636
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