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the market tries always to be ahead of itself - this is what is being conveyed in this article. there always needs to be the illusion that the market is advancing towards these expectations.
Oct 15 20:00 pm
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All Comments by Steven Hansen »Still Concerned About Tone of Market's Advance [View article]
i am not sure a pull back is eminent - but i sure as hell remain defensive. there appears to be strong hands guiding this advance, and continually protecting against retreat.
the dilemma for most is that we are seeing the market advance against residual economic weakness. it is not adding up.