THE DOT - if this turns orange or red be alert

Monday, May 4, 2009

The other missing link - XBD tech outlook

XBD is nearing its top area with approx. 2 higher days left for the top we need to go to the 95 area to get closure for this wave. The BKX has more potential medium term. Markets have been forced higher by manipulation and hype and we are expensive very expensive from a fundamental view. Goldman is about to reach the target zone as well and is expensive at 130. MS is about to complete the 13 as well which are confirming indications.

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