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Temporary Decline, Long Term Rise on the Radar
By K.I.S.S. Investing  •  August 8, 2012
This is from an email i received... from a very respected stock technician which i think is highly accurate.
The Stock Market May be Nearing a Hard Decline
By Jeff Clark
Tuesday, August 7, 2012
It's happening again… the sneers, the nasty e-mails, the public ridicule… And that's just from my friends.

"How's that big stock market decline working for you?" my friend Mark asked me yesterday.

It's not working very well, of course. The S&P 500 has worked methodically higher since I started banging the caution drum a few weeks ago.

The S&P 500 closed near 1,400 yesterday – up 2.5% in just the past month. So despite warning signs from the Volatility Index, the NYSE and Nasdaq Summation Indexes, and the McClellan Oscillator, owning stocks has been a profitable strategy.

Hence, the public ridicule.

Of course, that ridicule occurred back in April as well – when ...
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By K.I.S.S. Investing
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