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ajtj99

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ajtj99

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Re: skono4 post# 70421

Sunday, 01/22/2006 9:14:04 PM

Sunday, January 22, 2006 9:14:04 PM

Post# of 148479
I really disagree with you about the impact of Friday. It is like getting smacked in the head with a lead pipe if you had been looking up for higher highs on the RUT.

The RUT printed a huge engulfing stick on Friday. That stick says screw new highs in a nutshell.

http://stockcharts.com/def/servlet/SC.web?c=$RUT,uu[e,a]daclyiay[pc9!c13!c20!d20,2!c50!c200!b200!f][...

I don't know how anyone can look at what transpired in a positive manner. This is a seasonally terrible period of the year with a once in 19-year transition hanging over it (the Fed). We've got a yield curve inversion, and 4-year cycle lows to deal with. Friday the market was basically saying, "Let's get it on."

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

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