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Careful...watch GS...and IBM...hard for market to rally with those down.
excellent! the market fools the technical traders to buy at all year high.The market tops when the bulls still see a lot upside, and the bears have capitulated.The opposite is true at bottoms: everything is dark and the bears are kings.now the bulls have been kings for 14 months, time for a little break.Right now I see a maximum upside of 10% for SP500 while the downside is 30% in the coming months.
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