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Monday, September 14, 2009

Short take

Market could rally more, fall, who the heck knows in the next 1 week to 6 months. I can't hold any big shorts anymore, so it must be time for the market to fall. I really don't have a good gameplan right now on how to increase my positions. I may dump miners on a dime, but I find it hard to add shorts, because the market is so strong.

Slope of Hope blog has a VERY interesting chart of the S &P 500 since 1932, on a logarithmic scale. His target by using this scale is S&P500 at 600.
From WebSurfinMurf's Financial Blog

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