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Friday, September 10, 2010

Markets look Bearish

The DOW JONES needs to correct to at least 10,300. Unfortunately, volume is so light and dismal, I doubt that that will happen today.

As long as USO doesn't close above $33.58 oil is looking bearish as hell.

Watch for Gold to retrace before shorting. GLD looks poised to go to $122.40

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