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techcharter

12/27/12 3:57 PM

#47574 RE: techcharter #47573

How Coincidental

The wave from Wednesday's afternoon high bottomed today. A counter-trend rally was expected. The announcement of Congress meeting on Sunday did not move the market. As long as the price stays below 1424, a major crash is possible. Otherwise, one more challenge (either from this point, after more consolidation) to December 2012 highs remains.