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August 15, 2010

Stocks in Jeopardy

Monday has the potential to deliver a make-or-break session for equities. On Wednesday, after the 3% dive which confirmed the decline of the daily cycle, I wrote, "We should now see stocks spin their wheels for a couple of days in order to slip into the timing band for a low and set up the ascent into a new daily cycle". Indeed, we witnessed ...

 

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