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Well, nothing fundamental about the move in the Dow today. The Dow did exactly what I predicted it to do last week by moving down to the 13400 (ok, 13407.49 to be exact) before rebounding back up. This rebound looks extremely healthy, conforming to all th typical behavior of the Dow. If we see a follow up today, I should speculate a healthy and steady rebound.

Looks like the market has found a bottom… or have it? At least thats how the Star Trading System has made it to look today with a swarm of morning stars. Let’s see if we can indeed ride a new rally.

Thought For The Day : “Rules Are The Chains Within Which One’s Emotions Must Be Contained”

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