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Re: None

Monday, 02/27/2012 12:10:17 AM

Monday, February 27, 2012 12:10:17 AM

Post# of 601
Thanks to FIB1618

"I'd certainly be pleased to take a look at your short term timing evidence, tools, or whatever you may want to offer Fib."

In no particular order:

1) NYSE Bond, Preferred, and Specialty issue A/D lines at all time highs as of Friday.

2) NYSE and NASDAQ breadth MCO's showing divergent "oversold" levels on the Stochastic.

3) Put buying very high with an ISEE 65 reading on Friday.

4) Breadth MCSUM's all showing a lack of selling during this one week pause.

5) All of the breadth MCO's are at or near their zero lines suggesting that one side is about to take control.

6) Many small point changes on the MCO's suggest a large move in the major market averages in the next two trading sessions.

7) NYSE Open 10 Trin at "oversold" levels.

There's more, but there's no sense in beating an already wounded bear.

Fib

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