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Tuesday 20 August 2013

No safe trading signals today

No safe trading signals today as most stocks moved in the opposite direction
Apple dropped below 510 & never went above it despite good news
JPM went up above 52.0 after 11:30am EDT despite bad news
Home Depot even dropped below yesterday's price despite earnings beat estimates
S&P 500 went up too high & dropped in the end as we expected but it stayed around 1658 for too long & did not drop below 1650
Therefore not safe to trade today


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