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@Franky: I will definitely continue to follow this and post updates both here and on my Wordpress blog.  It's interesting that you mention the 1350 level.  That's a well defined resistance level as you are no doubt aware, but I would quickly close your shorts if the market is able to hold above that level.  Because that would validate a gigantic "cup with handle" pattern on the weekly chart, which would set the S&P up for a clear shot at 2025 (at least).

@awall: I'm not following you.  By my count, chart#4 is the chart labeled "2008 Financial Crisis", and there are no green lines on it.  Are you perhaps referring to the red line on that chart, or maybe the very first chart (which is the only one that has a green wavy/squiggly line on it)?  As for your request for fundamental analysis, I will discuss that on my blog either late this week or early next week (though I am loath to start off Turkey Week with such bad news).

@dave: You might want to read between the lines on those earnings.  A lot of Q3 earnings conference calls offered lower guidance for next year.

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