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Friday, January 7, 2011

TGIF Afternoon

Market is weak this afternoon, with The Dollar near its high for the day at 80.02,  Gold and Silver and Copper down, Bonds and the 10 year are both now trading higher. 

All of the major indexes are now down on the day, with the exception of the Transports, which are up 25%.

Our Proprietary Momentum Change indicators for the SPY and the XLF have moved into the neutral zone.. we are watching for additional changes this afternoon......If we get a new Sell signal, we will email an alert.

Best to Your Trading!

Bill

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