could our market hit 500 points?, page-39

bringiton suspended for multinic , kind of ironic after labelling Mongo ( great poster) a liar.
Some red faces for those that stood and supported the suspended I say ???


Technicals for those who want to indulge in the bearest of arguments
High 6880 - Low 3111 = 3669 Range
Recent high 4946 - Range 3669 = 1377 pts

I follow McHugh and recieve the paid newsletter, I think its informative and quite a good tool to use in determining short time frames holds overnight. His bearish sentiment needs to be read but taken with a grain of salt.

He moved the goal posts from July 09 to Jan 10, but he offered some pearler trades along the way, unlike Prechter

So yes have much more respect for McHugh than Prechter

Just remember Prechter is using the markets to launch a 2nd book ???? Now I think he has held off 2 times already with the launch ( correct me if im wrong )
Those who have been around for awhile will remember the same using the same antics from 1990 onwards ?? Ask a few of his 1990's followers from the US, you might get a few hard facts about him ???


Regards
Rob