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Re: youaretheone post# 94512

Saturday, 01/30/2010 9:09:55 AM

Saturday, January 30, 2010 9:09:55 AM

Post# of 386038
YRT1,

The day started well with all good economic indicators GDP 5.7, Chicago PMI 61.5 and Mich sentiment 74.4. In the morning, the AD was showing market reversal signs. Unfortunately, the market is still coupled to the dollar, with it rising and commodities falling, investors are bend on selling. The Put option players have already finished selling. By the end of the day AD momentum had fallen back but the longer signal still points to potential up swing. Having said that there is no buy signal yet. If you are a long term investor gold stocks seem to have been beaten down a lot already...

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