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Market trend
Short-term (1-2 weeks): uptrend
Intermediate term (3-4 weeks): uptrend
We will continue to see sideway action or pullback tomorrow. Money has flowed out of stock market. This week's hot sectors consumer services, oil & gas, financials show heavy money outflows, probably "big guys" were taking profits. Solar and disk drives stocks were strong today, tan up 1.67% and $ddx up 2.3%. Wind energy stocks also show sign of life. |
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