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Friday, September 10

Bulls continue to take charge.

After my mid day post, the dow did drop, however, bulls are taking it upwards again.

This could be due to short covering as traders do not want to hold a short position over the weekend. In case dear Obama says something that may erupt a huge rally.

However, fundamentally, the stock market is still overbought. Should see another pull back. I will be buying stocks again at 10300.

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