phm...long term I agree with them. However short term I chose to contradict their LT view as the fundamentals clealry were supporting the technical downside.
My apologies on the XFJ, the 5 year support is 4057 (100% fib) not 4800 (this is the 3 year). I shouldn't post on memory, that is completely fried.
Do I still believe it will go to 4057? No, but I now believe 4400 (Jul 2004 support) is a given.
Will this be my moment of glory????...I will have the buy order and trigger finger ready for the XFJ ETF instalment that is a certainty. Damn I love being a nerd :)
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