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December 5, 2010

Seykota Moment

The past week demonstrated that no set of tools, even those encompassed by cycle analysis, are infallible. A strong rally into the end of the week forced a re-phasing of both the stock and oil daily cycles. Equities now appear to be early in a daily cycle and poised for further gains, as does oil. Furthermore, the action demonstrated the fallibility of this author's decision-making process as I ...


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