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Friday, January 25, 2013

Soaring Trend Energy Continues To Say Equity Bears Be Warned!

Again, Equity Bears Be Warned!  (December 19th 2012).  It's hard to advocate risk-off (but not impossible) when trend energy continues to set new highs.  Buying the dips should continue working until the message below changes.  Aggressive accumulation of Treasury bonds may be hinting that another buying opportunity is coming.

Chart: NYSE Composite Index and Trend Energy



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