Follow Through/Leaders Chart

Wednesday, January 23, 2008

A Bottom- NOT!!!!

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Today's reversal was impressive, volume was the highest its been in weeks, and the indices ended strong with 2% gains. Does this marked the bottom? Or an oversold rally? Only the market knows, so why risk it with IBD 80% track record. Your best bet is to wait for IBD to end this correction and call the new rally. This could be the start of a rally attempt.

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