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IS THIS RALLY OVER? THREE STOCKS TO SHORT: QCOM, SAH, AND VLO

This rally seems to be just about over, at least in the short term. We show charts below that all seem to be showing an exhausted rally: in the S&P 100 Index (OEX), the Housing Index (HGX) and the US Oil ETF (NYSEARCA:USO).

In addition, we show three stocks we're shorting for technical reasons shown in the charts.

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STOCKS TO SHORT

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Happy hunting,

Michael J. Clark

Hanoi, Vietnam