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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: rab120 who wrote (92380)	1/5/2006 1:00:50 PM
From: shoreco	Read Replies (3) \| Respond to of 100058

Seasonality and a friendly Fed (via the coupon passes) keeps us going... Where do we stop??? Honestly I don't know because the charts are so flat we could easily go from new highs (bullish) to new lows (bearish) in a short period of time... The Fed did many coupons passes in November (market rallied), the we had none in December (market stalled) and now we have two back to back (yesterday and today) and we're rallying... ny.frb.org Keep an eye on market breath for clues... I think a pullback in the Dow to 10825ish could still be viewed as bullish, but anything under 10800 could scream "warning"... There you have it... Long above 10800, short below...