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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (1240)	7/2/2008 8:52:38 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 3209

If this was a normal week I'd say the market is ripe for a continued fall given that fear is still relatively low and today was ugly. However, given this very short week it's possible traders being flat for the long weekend had an even bigger impact than usual. We're probably have to wait till monday/tues to find out. If the market can get any decent positive catalyst we could easily have a 3 to 5 day rally here. However, there doesn't seem to be much positive FA wise these days to crow about <g>. I'll try to live by the rules, but I'm a mix of swing trader/ST trader at times.