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Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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Minor Stock Market Pull Back Due

The week before last, I had alerted my subs that it didn't look like the 24 TD balance low would work (but that the 11 TD top due February 10 would most likely develop a minor top due to the topping astro configurations). A drop into the 16 TD low due Tuesday, February the 14, should be contained to about 2284/85 SPX. A higher high into late February looks likely before we start the expected March/April sell-off. A move into the 2330-40 zone is on the horizon, I think.

A note to the readers (and I have mentioned this before): it is folly to trade off of forecasts that timers make, because, like the weather things can change rapidly. When a reader does not subscribe to a newsletter, they cannot get regular updates!

 


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