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Tuesday, June 14, 2011

Don't be fooled!

We are bouncing today, up about 125 points on the Dow so far.  Don't be fooled!  There is a lot of economic data due out this week, and everything that was so negatively interpreted from last week is still valid.  This is exactly what I wrote about from last week - traders/speculators are looking for any opportunity to jump in if the market pulls-back, because they incorrectly think it is a great bargain.  It's not.

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