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sw1ngtrad3rr

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sw1ngtrad3rr

Re: Mikey post# 97451

Tuesday, 05/01/2012 1:41:41 PM

Tuesday, May 01, 2012 1:41:41 PM

Post# of 365346
While I agree with your overall analysis, it would be better to read the charts right now as opposed to previous years when determining what will happen THIS May. Most indices have a tweezer top pattern on the monthly chart and closed red for April. Things are not looking good and given the recent jobs data and the Europe fiasco this is probably a year where that rhyme is correct.

Most companies that move the markets when they report earnings have reported already, what is the catalyst for a continuation upward?
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