>>The stock market's ultimate cheerleader is finally catching on.
>>His Off the Charts segment from last night addresses the nastyness that technicians have been watching in the charts for a while.
>>
http://www.cnbc.com/id/38832150>>
>>My thinking goes like this. We're still testing 10k. If we fail, our next support level lies ~9615. Failing that means we'll be testing the minor supports ~9400, 9250 & 9100. Since these are minor and there is no support directly below 9100 and the fundamentals are awful, if we fail, I expect a free fall to my standing 8k prediction.
>
>These were calculated how?
Sometimes it's hard to tell the difference between technical stock analysis, and Pidoma Institute findings ;)
>>Of course, now that Cramer agrees with me, I'm likely to be completely wrong. ;)
Regards. Al
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