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Dr. Hui,
Dec 05 00:39 am
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All Comments by Old Trader »The Mini Ride of the Phoenix [View article]
Not quite up to your usual standards. Normally, I eagerly look forward to your posts, but this one was not as helpful as many/most previous ones have been. Are you suggesting we're currently in the "rally" phase, prior to the re-test, or are you thinking there's more to go on the upside yet before the re-test comes? I've seen more than a few fairly reputable pundits calling for something around 950-1000 as a "top" of this bear rally...somewhere around 9k-9500 on the Dow (although I really only follow/care about the S&P).