The market also consolidated for several months before the
advance, that was not the case with this rally. If we do get some
long consolidation and another move up I agree that we should then
be very careful with shorting the market.
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The market also consolidated for
the monthly spx chart is instructive
Posted by mvachon on 19th of Nov 2009 at 12:15 pm
The market also consolidated for several months before the advance, that was not the case with this rally. If we do get some long consolidation and another move up I agree that we should then be very careful with shorting the market.