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Pastimes : The Philosophical Porch

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From: Rarebird	8/24/2005 10:00:19 AM
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The weakness over the past 8 trading sessions looks corrective to me. The 61.8% S@P Fibonacci retracement at 1254 is going to be challenged over the next month, perhaps sooner. I'd continue to buy weakness here. It's still a bull market. Whether this bull is cyclical or secular is going to be determined this fall. If we see 1275 on the S@P, Insanity should break loose to the upside. Stay tuned. Looking for a nice up day today. My systems are still in the Market. Let the Bears growl. I love the Premo Chocolate Moose Cake. Not the creamy type. But the fudge that melts in your mouth.

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