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The Big Picture (by Greg)
Mar 14, 2010

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There is an old saying that a picture is worth a 1000 words.  With that in mind, I offer the following picture:

$SPX 2009-03-13

The blue Fib Fans are from the 1987 black Monday crash, and the green Fib Fans are from the 1929 crash.  The little ovals say it all.  It's likely going to be one or the other.



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