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Tuesday, 12/07/2010 9:36:59 AM

Tuesday, December 07, 2010 9:36:59 AM

Post# of 8308
Last time, I said that ISEE was problematic as we were still on a strong sell from Friday, but we also had a pretty strong ST Buy too. I expected a wild day of trading. I was looking for a sloppy Monday and a bounce today and so far, that's where we're at, as the market is up in GLOBEX trade. Today, all the sentiment is pretty sell Bearish except Tickersense which is the least useful poll anyway. The OEX nominal finally rose up into Sell territory, joining the $-weighteds. Newsletter advisors got much more Bulled up too. As soon as the market's momentum turns down, we can expect some weakness. It could be pretty hard too. ISEE and the FL/FS Sell suggest near 90% odds of weakness by tomorrow's close.


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