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Re: TREND1 post# 14412

Wednesday, 12/26/2012 3:47:01 PM

Wednesday, December 26, 2012 3:47:01 PM

Post# of 17387
Even better. I like to use long and short term looks. Long term gives perspective on the overall market trend as in overbought in a DT or oversold in an UT. That signal confirms like others I use that we were overbought in Feb 2012, but hot money was propping up the market. Eventually what was supposed to play out did.

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