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Oddlot

07/10/12 9:38 PM

#2792 RE: 2bit-nothing #2791

2bit: I could easily interpret this as a rally in a bear mkt, with resumption of downtrend coming with violation of pink(?) trendline and certainly with break of 130-131. Meanwhile, weakness in euro is the driver, and I expect a bottom to occur in euro, gold, and thus equities in early Aug.