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Friday, January 14, 2011

Weekly

Internal wave count suggests we are very near the top (within a few points) if we didn't see it at the close. However, we had an up day all day long with another positive weekly close at the high of the week. With the three-day weekend, I wouldn't be surprised for a bullish Tuesday (at least the open).

Here is what the weekly chart looks like from my perspective:

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