Tuesday, March 6, 2012


HI Folks,

It looks like we are in the middle of the pullback that I wrote about on March 1st. The trend line in SPY is now rough 133. This is the level to watch. If we break it, the bull run would be over temporarlily and set up a larger selloff in the next 6 months or so. If we bounce off the trend line, then the market could continue higher and make new highs.

I am working on a new website and will have details shortly.

Thanks and Good Trading,


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