Buy signals for the aggressive.

Posted on Jun 21, 2011 by in Letters

The last three or for days ought to put to rest what the nature of this downwave is (was).  It was a test of the bulls arranged by the contrarians.  As of now the contrarians are firmly in control and we should see them drive the market to the top of the range and then play musical chairs again.  Not a certainty, but a certainty that we are in a sideways trading market.  Long term investors are protected by the Variant 1 wave low stop.

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