4/5/09CPCE chart can determine when it would be intermediate term high. However, we are not there yet and rally continue. Technical does give me an edge but it does not mean it is 100% accurate. Also, We are in phase 2 of this bear market which is giant fake bear rally. Actually, it is normal action if you can see last recession or last bear market. It means major stock market indexes can rebounce to its 200 days moving average before next major down legs begin. The last phase of this bear market would be scarer than last Sept to March of this year. Be careful.
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