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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (59877)	9/5/2024 7:54:16 PM
From: Johnny Canuck	1 Recommendation Recommended By Return to Sender Read Replies (1) \| Respond to of 67879

Could be! : ) Look for the upgrades in late October as I think the last part of September and most of October are seasonally weak and I don't expect anyone to take a net long position after till the election is over. Still selling tech to lock in the last of the 7 percent stable dividend yielding stocks before they go away. A lot of them moved up in the last 2 weeks and are not below 7 percent. I agree with the year end rally but I am too close to retirement to focus mainly on growth at this point. Dumped some high flyer and some non-performers. NU, Warren Buffets' Brazil finance play, went today. I like the long term fundamental but with inflation still high in Brazil and a potential worldwide slow down in the 18 to 24 month timeframe, it is time to take profits on this nice multibagger. Max pain suggest we may have at least 2 more weeks of overall weakness in the major indices.