July 9, 2010

US equity market opened flat, drifted, closed strong. Some overseas markets are looking more sustainably strong but this was a strong up week everywhere.

Short-term: 2 green, 2 yellow – tending green
Intermediate-term: 3 yellow, 1 red – tending yellow

Stock targets: 11% swimming; 17% treading water; 71% sinking

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