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Market Technician's BBB (Bearish Bull Blog)
Thursday, January 21, 2010
The DOWNSIDE risk is high at this stage.
After poring through the charts of various bellweather US stocks like Merck, Google, Microsoft, Disney and GE, I would say the equity market there has turned decidedly BEARISH, and will likely drag many global markets down with it.
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The DOWNSIDE risk is high at this stage.
Another even year to sell in May & go away?
S&P 500 Index looks poised to head towards 1150.
My trading positions in the US markets heading int...
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