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Tuesday, August 25, 2009

SPY QQQ DIA Stock Market Top August 25, 2009

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As per our post of yesterday in which we posted an alert from the proprietary models that a stock market top is about to take place, and that we will confirm the signal after further analysis, we are now at what we believe is the top.

As we write this QQQQ are trading at 40.66. We believe that a roll down may start at any time. We are buying puts on the QQQQs. Let the selloff begin. The smart money should start moving it down when they are done offloading on the dumb money.

The time is around 12:30. Yesterday's post follows.

"Our proprietary models, which predicted the March 06 2009 Bottom on the day it happened (check article's history for proof), have issued today an alert for a possible stock market top. In the trading of the Nasdaq 100, this means a top on the QQQQ at around 40.50. Market is currently at 40.40 area, and it has trader earlier today at around 40.50.

We are performing further analysis of this alert, but we thought to let the readers know about what the models issued.

We will make a future post to confirm it. Good luck!

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Happy trading,


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