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dww10063

06/08/12 8:52 PM

#2401 RE: Rivers 1 #2397

Thanks Rivers, good to hear from you. See years after extreme breadth bottoms where 2008-9 and 2011 both had extreme breadth bottoms. So far 2012 hasn't held up like a typical year after an important 4-5yr bottom, and with all the Europe/China/recession concerns, I suspect we have a difficult and dangerous 6-18 months ahead before a likely lower low. Best, Don