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Friday, August 24

Time to be bullish

Technical levels

DOW to break beyond 13300 to 13800.

S&P 500 to touch 1440.

Catalyst

- Easing in China, Europe, USA
- Improving commodity margins signaling pickup in supply/demand equilibrium (i.e Tamed supply, increasing demand)
- Tech supercycle from PC (Windows 8), iphone 5 refresh

Bull Meter

Cramer is super bullish.

Bear Meter

Dennis Gartman.

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