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Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.

Wednesday, May 23, 2012

May 23 market close update

so far, i would say Monday May 21 presented LT Dome 3 vs LT Dome 2 roadmap is working perfectly, considering both Dome 2 and 3 pulled back from the green POR line and the retest the bottom with 3~4 points higher on both Dome 2 and Dome 3.

going forward, i see market should continue to proceed with the roadmap.

very interesting, DJIA closed down 6.66 today, and $spx bottomed at 666 on 3/6/2009.

for fun, on IPO day, i scrambled the word order of "facebook":
face book
book cafe
fake booc

11:04 am ET market update:
so far, $indu is the only major index made a new low (not spx, rut, compq, djusfn). $indu was the only index made a new high on May 1. could be ...

more later...
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