Hey Fuzzymath My view is that today's profit-taking was just pessimists who were vacationing on Friday gathering their gains. Does anyone agree? I think we may have hit a short-term bottom last week. My models did not counsel exiting the market today...
I see it that way too. My Composite trend did not agree with the lower nasdaq if compared to the sept/oct lows. If this market holds things will be looking up.
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