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Wednesday, March 13, 2013


I'm still here.  Nothing has changed.  1560 is still the target even though we have come within less than 4 handles  Sorry I was looking at the SPX.  I should have said less than 10 handles of that target. 

There is a good possibility that price will trade the 1530-1560 range for a few more days before collapsing.   In any case it looks dangerous to be long.   The 1560 target has essentially been met. 

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