Wednesday, May 25, 2005


The Dow went down again, 45 points this time in today's market action. The indicators are overbought still, of course, but today there was a slight dip in the proprietary moving average. I like to see if the market goes down or up tomorrow--I'm not entirely convinced that the uptrend has ended. Before a holiday (Memorial Day on Monday in the U.S.) the market usually goes up in lighter volume.

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