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Sunday, February 21, 2010

Last week=worst week for this blogspot

Ever since I started this blog my calls have been right at least 85% of the time. This past week really sucked the markets are manipulated at this point due to the light volume. A while back I said I would short the QQQQ until $42.00 it went to $42.12 and since then, we've had a sharp rally. I thought the QQQQ was going to stop at $44.00 but here we are at $44.83

The markets have been blasting through trendlines and moving averages as if they weren't even there. But we do have a market leader who looks like it wants to die...GS

Bear Flag: target- $136 (a close above $160 would negate the pattern)

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