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Strategies & Market Trends : Aardvark Adventures

DAVE 198.93

+2.2%

3:06 PM EST

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To: ~digs who wrote (6822)	8/27/2009 12:11:08 PM
From: Kevin Shea	Read Replies (1) of 7944

It's not a true tri star as I noted, but the pattern suggests hesitation... but then, a number of TA/pattern indicators have been marginally helpful in this Fed sponsored (IMO) runup. Historically summer is not the time of bull runs, so why is this year an anomaly? and on low volume. Seems very odd. Given that, my sense is the Fed encouragement is overweighing the sentiment found through traditional TA... The pattern is also an island. well at least so far. Lots of possible stops along a way down, but the 200MA is at 94ish.

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