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Written by Richard Russell: Dow Theory Letters
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Friday, 23 September 2011 16:11 |
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Update from Richard Russell at 4pm today: Below we see three years of the Dow. The Dow has now broken a rising trendline going back to April. We see a continuation pattern having formed below the break. Will Dow 10,000 be expected. That's the trillion-dollar question. The forces of deflation and de-leveraging. A disappointing day after all the preceding weakness
By the way I assume my subscribers are OUT of stocks.

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