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Re: TheFinalCD post# 276967

Tuesday, 01/05/2010 9:35:05 PM

Tuesday, January 05, 2010 9:35:05 PM

Post# of 346918
Hardly a bail-out here. Accumulation is actually up. Stochastics are sideways, and CMF is only barely negative. VWAP prior to Wells notice was .0414, and after 2 days trading is now .0371, a drop of only .0043.
Looks like the panic selling effort encouraged by some posters here is a fruitless attempt. Today was the worst of the Wells notice reaction. Tomorrow negativity fades, and Big money and institutional buying gains strength, and continues 'til the end of the week, IMHO.
Follow the BIG money.

nilremerlin

New long-term bull market from Oct. 16, 2008 to Feb. 5, 2018

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