Friday, February 7, 2014

Market action yesterday

Strong rally, but will it hold up for very long?  Keeping my eye on this because I predicted a deep market correction that started earlier this year.  Now if this rally loses steam, then there will be a next leg down.  It is hard to imagine another rally to new highs.  Either it does that or it goes down.  Another possibility is a trading range.  But this isn't likely.  It will go up or it will go down.


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