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Y worry Murray

04/23/12 9:02 AM

#1815 RE: gloe #1814

Look at your weekly SPX MACD bar for last week which is only 2.318 in height and decending rapidly. It would take very bullish market action indeed to avert a MACD cross this week! The current MACD bar looks similar to the one formed on the 1st week of March 2011 and see what happened on the 2nd week: not a good week for VTO buys!