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Friday, September 17, 2010

Markets float float float

It has been the same theme the past 4 trading days. The lows of the day are made during the first hour of the trading day and then a slow grinding float higher the rest of the day. Volume is extremely light.

Watch the final hour of the day as institutions may make an attempt to fool everyone by selling in a dramatic fashion.

I DO NOT expect this type of action to carry over into next week.

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