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Thursday, January 21, 2010

Contrary to Popular Opinion...

...took a long order @ .9029 just now.

Two huge down days in the equity markets should merit some sort of correction tomorrow.

If AUD breaks below .8970 we may be looking at a longer leg down.


Stop: .8929

Target: .9229

Special attention around .9170 is merited since it was past support. Quite possibly it will be resistance this time around.

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