Depends on WHAT time frame. for me this mkt keeps boogey woogey if holds above 1200....dashed uptrend line. 1209 is 10% from highs....1200 would also violate an L rule with 2nd 10% plus correction during bull mkt...already had one of 16% that was only halted by QE2...would not have on own....but that's OK.
JM2CENTS
D
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