"The stock market is poised to complete the bear market rally from March," says Steven Hochberg, technical expert and editor of The Elliott Wave Financial Forecast. Here's his bearish call.

"On April 2, we forecast a rally that would carry the Dow to 9,000-10,000 and the S&P 500 to 1000. These levels have now been met.

"We felt this price target would represent a respectable place to exit long positions. But we know from past experience that many will hold out for even higher prices.

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Elliott wave: Technical theory says 'sell' originally appeared on BloggingStocks on Fri, 11 Sep 2009 13:00:00 EST. Please see our terms for use of feeds.