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Friday, October 4, 2013

Friday, 10/4/13 2nd update

Confirmed buy signal on Al's Daily Indicator today with a spike above the 1.000 level (see Tuesday update).  So is this a good signal? Like anything else involving markets, this is a matter of probabilities (odds) - nothing is 100%.  In this case it's my opinion that the odds are fairly decent - the action off the Sep 19 ATH looks more corrective than the start of a major bear market.

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