Follow Through/Leaders Chart

Friday, March 7, 2008

Market In Correction

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Less than 3 weeks into the current rally, IBD called the correction in today's paper. This comes to no surprise as 90% of rallies will fail when a distribution day comes hits 1-3 days after a follow through. Surprising is IBD's call after only 2 distribution days, when it usually takes 6-7.

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