Allgainswerewipedout.But,bullsandbearsarestillfighting.Thehopeforhugestimuluspakageandworseningeconomicconditionswilldictatetrading.Asignofsectorrotationisemerging.Profitswouldcomefromtradingratherthanbuyandholdfornextfewmonths.[
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Dowsoarsalmost3%ledbyenergyandmaterial.Itextendsthegainsfromthelastfewdaysin2008.Isitreal?Tradinginnextweekwillprovideanswers.Myguessisthatthetrendwillcontinuesuntilthehopeisbroken.Bepreparedforthat.[
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2008wasayearofdramawithopportunitiesandchallenges.Hope2009willbeayearofmoreopportunities.[
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