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Blog / My Take On The Markets
I published this article originally in January 28. The key levels are still valid and the interpretation still holds.
Article follows
DIA has to decide in the coming week if it is going to go down after a classical Head and Should...
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Blog / My Take On The Markets
The DJ is painting a picture perfect flat correction.
As you can see, the bottom of March 2007 at around 12,000 and the several tops around 14,000 form a perfect block.
The DJ needs to keep above 12,000 and eve...
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Blog / My Take On The Markets
Very nice run! From 910 on Friday to 928 today!!! As I mentioned in the previous comment, I was looking for an opportunity to unload, and here it is!
I've downloaded 25% of my position today. I am still in an I think this run has legs, but ne...
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Blog / My Take On The Markets
CHICO'S FAS INC (CHS) formed today a bearish engulfing pattern and retraced yesterday's gain and some. Time to exit with an 8% loss. With this kind of performance it is to expect that CHS visits the year lows, around 6.5.
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Blog / My Take On The Markets
I am not bearish on the Dow, as a matter of fact, I am quite bullish, just not yet.
The monthly Dow closed with a show of balance between bulls and bears in a nice Doji, so balanced that it is a miracle the financial press anything to write a...
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