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Strategies & Market Trends : TOO BULL FOR SCHOOL! -- Ignore unavailable to you. Want to Upgrade?

To: zentrader who wrote (799)	7/6/2010 12:27:18 AM
From: MoneyFriend_2.0	Respond to of 880

Here's a really dumbed down way of putting it: we are twice as oversold as we were in Feb, but most stocks are barely red for the year, so the rest of the year should be twice as good as the Feb to April no-dips rally appetizer was. Since April to now we have sold off twice as long as from Jan to Feb, and breadth dove twice as hard. As far as I'm concerned, the market is just as attractive as it was in Feb, nothing has changed aside from the higher amount of fear mongering in the news. Expect us to run up twice as long and twice as hard from here out, that means a 6 month stretch of little to no dips rally far in to December.