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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (47208)	3/13/2013 8:48:11 PM
From: Fiscally Conservative	1 Recommendation Read Replies (1) \| Respond to of 219159

Well I for one would welcome a serious correction. So please let the boyz know. Ok ? Thank you, lol.

To: GROUND ZERO™ who wrote (47208)	3/13/2013 8:50:48 PM
From: Vendit™	1 Recommendation Read Replies (2) \| Respond to of 219159

My 2 cents. The market is once again extremely overbought. Volume is waning, all technical indicators are saying the top has been met and another correction is coming. On the other hand, the market has shown us that it likes Obama funds and can levitate or even rise when technical indications show that traders are not putting money in the markets but rather they are closing out their positions. My read is remain cautious and no big gambles to the upside. Note the last three daily highs are lower lower and lower thus the trend. **My Obama comment is not meant to be a political jab but rather a market fact. V