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Thursday, April 19, 2012

$SPX: 8 shakes and counting. Where do market go at last?

We are firmly believers of market shaking to confuse the most participants it can.

12:09 ET

We are not counting waves now. We are counting shakes. Maybe shake 9, in place and up we go.

15:30 ET

This is a perfect example of how market shake out the participants. Us, who where saying that market goes down, and we maintain that position, think, for a moment, that market was going up. Wrong!!

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