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Strategies & Market Trends : Contrarian Investing

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From: pcyhuang8/11/2011 3:14:53 AM
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First Sign that We Have Seen the Bottom

The charts below are recent trading histories of the Dow Jones Industrial Average and the Dow Jones Transportation Average. Notice how on Aug. 10, while the Dow Jones Industrial Average closed below its previos two days' lows, but a non-confirmation was given by the Transportation Average. In my opinion, this would indicate that we are already at, or near the bottom, of the recent "market crash".-

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