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S&P 500
5,298.90
(
0.03%
)
US TECH 100
18,051.60
(
-0.15%
)
Dow Jones
39,949.95
(
0.20%
)
Brent Oil
83.64
(
0.52%
)
Bitcoin
66,867.05
(
2.51%
)
Post# of 19037
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Frank Pembleton

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Frank Pembleton

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Re: ItsAllCyclical post# 18214

Monday, 02/02/2009 11:34:03 AM

Monday, February 02, 2009 11:34:03 AM

Post# of 19037
it's also showtime for the general markets...the month of January totally sucked which is significant not only by Sy Harding's "Seasonal Timing Strategy" but by the very fact that we have a new US president that's seems to convey hope, not only at home but for the entire world.

...and the markets won't rise for "our" new messianic leader...?

I'll also add that the (non) performance of the small cap sector is still telegraphing more bank problems.

not good, neither is that downward sloping 200-day MA on the S&P500--if we don't rally back up this afternoon...that symmetrical triangle we've been watching is really nothing more than a continuation pattern for more downside.


FP........................................................

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