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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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One Trader's Take on the Markets

Old_Skeet
in Fund Discussions
"The NYSE McClellan Oscillator is at its lowest level in a month – best case scenario as always is to see this at a reading of +10 to +40. If it falls to negative and stays there for an extended period we have to be wary of some correction."

"Both indexes are in a consolidation phase as they digest a major rally."

Read more about this below ...

http://www.stocktradingtogo.com/2014/11/17/sttg-market-recap-november-17-2014/

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