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JJ8

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JJ8

Re: JJ8 post# 6805

Monday, 10/22/2012 8:02:54 PM

Monday, October 22, 2012 8:02:54 PM

Post# of 9990
Behind the DJI comeback today, what the LMP Indicator is revealing... is not a pretty sight.

Five new Breakdowns today! Among the breakdowns, few major components!

Furthermore, as of today's closing of the markets, ELEVEN (out of 17 components of the LMP) are in breakdown patterns... including several major market indices.

It appears to me now that the larger market has become more vulnerable than it was just 2 sessions ago. Unless this internal weakening stops soon and reverses itself around this area/level serving as a bottom... it makes sense to expect likely further deterioration. Do your own dd, please.

And, as always do your own dd when it comes to the specifics of your own plan and situation in harmony with your own circumstances. GLTA
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