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07-Aug-08

Whipsaw Market- be careful!


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With wild volatility whipping stocks around, it is a very difficult environment to make any moves. The best bet for now is to wait for the market to settle down, establish a trend, and wait for leadership to strut its stuff. The charts above of failed breakouts illustrate this point well.

 

Posted at 09:28 in External Blog  |   Permalink  |   Comments ()     |  Top

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