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Wednesday, March 17, 2010

chuga chuga chuga chuga

That train keeps on a rollin'.  The 5th wave of the rally from 2/25 is extending, looks like we finished the 3rd of that today, so should see a sideways track for a day or so followed by one more push before topping,
The big question for the near term is whether this rally from 2/25 is the 5th wave from the low on Feb 5 or if the rally is extending and this is in fact a wave 3 subwave.
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