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Re: mercurialmike post# 18932

Thursday, 05/20/2010 4:57:09 PM

Thursday, May 20, 2010 4:57:09 PM

Post# of 35151
Please keep in mind that the best analysis in the world cannot predict market movements like we've been experiencing over the past couple of weeks. Some economists might have "hunches", but nothing ever that's concrete. Market movement is hard to predict. Analysis does not equal fortune telling.

Long-term traders base movement on fundamental analysis. This doesn't predict tomorrow's movement, next week's or even quarter, but it does point where the company has been and hopefully going based on recent CEO comments.

You know very well that all stocks got nailed today, not just MCLN. I would expect a bounce tomorrow after today's fall, but just based on a "hunch" and how markets have reacted historically after most big down days.

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