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Thursday, January 21, 2010 11:25:50 PM
So far, as I forecast, it looks like we are forming a nice handle. Hopefully this means we have lift-off shortly after the Janaury 30th full moon.
The broader market to me looks like it could go either way. I'm hoping for a new reaction low also on January 30th, of around 10250.
I am being cautious overall, because of the recent eclipses and because of the 3 moon phases that did not give strong market signals. I have seen this often produce reversals.
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