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Friday, December 21, 2012

Friday, 12/21/12 update

So far today the world hasn't ended, although if you're trading the ES you might feel like it has.

There is an apparent 67 week cycle in equities that this site has been tracking.  As you can see in the charts below, five of the last seven iterations over the last ten years have marked significant long term lows.  It's next due to bottom the week of Jan 7, 2013.  So we could have a wild ride over the next few weeks or so. 



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