PRICES TO EXPLODE UPWARDS?
This is what Jeff Kern is saying (I believe)
The way he wants to play it is to push the stop up quickly in the New Year
"Now sit down and hold onto your underwear. Here we go. The new 35-39 index buy signal is "only" 80% correct. BUT this looks like a beautiful set up! The 35-39 and 16-20 index back prices start to cross exactly on Monday, as the 35-39 back prices rise and the 16-20 back prices fall. In other words, the 35-39 buy signal will have an instantaneous rising stop! Prices will have to explode and then explode again to prevent the 35-39 index from selling as its back prices rise to 8.29 and then keep rising day after day, paralleling the price rise since the 11/2/04 election SKI buy signal alert.
Prices have got to fly next week to avoid selling the new 35-39 buy signal. And even if they fail to fly enough, we'll make a profit and then go short (unless I am totally wrong and get stopped out instantly; Writer's Note: I added this disclaimer after reading this over and seeing that it sounded too confident)! Thank Santa!"
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