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Tonight the bearish case, tomorrow the other one


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What happens Monday? That's easy, we pop a rod quickly up to 974, scare the bears to death suck in the last of the bulls and then reverse down quickly as we are way beyond overextended right now and up move looks incomplete.

 

Also today's window dressing and pretty close for weekend newspaper will lure more to buy first thing Monday morning so there should be a brief wave of buy orders on open.

 

Either that or we go straight down.

 

I'm prepared for either event.

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