Opinion: 4/11/2009

v     Market is probably over bought right now

v     Eliot wave predicts fall –

v     50/100/200 day charts show that we are in long term down trend. Stock markets were too far down from 50 day & 200 day EMA & we are reverting to mean.

v     Elliot wave tells this is first wave on pull up there will be more up waves, so can accumulate on pull backs till averages meet 200EMA.

 

	50MA/200MA, MACD, RSI/ 50% regression lines	Fibonnaci	Elliot waves
$WLSH			$WLSH target 8850 / 8744 1.2% uproom from here, can come down after this – elliot waves/ overbought indicators
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EFA
EEM
DGS
VNQ
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MOO
AGG
LQD
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