Hi Paul Fakler: You may well be right that we <...breach 1330 within the next three weeks>. But you might want to pull up the weekly Dow and COMPX. I see an inverted H&S re-accumulation bottom now into it's 10th month. As a day trader, almost always in cash by 4:00 pm, this doesn't mean all that much to me. But...it's my sense that despite the rather poor economy, the next significant move in the "market" will be the initial "mark-up" phase. This phase is typified by higher highs and higher lows; an uptrend. Should this occur, I'll increasingly move further to swing, rather than day-trading.
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