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Author: Scott Redler

GEMS: The Scary Measured Move

The fact that this move was “measured” doesn’t mean it was any less scary! Even if you were out in front of the news and charts- this sharp pullback is frightening. There is a ton of technical damage done to...

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Markets Recover from Big Overnight Losses

After trading sharply lower into the close yesterday, US markets continued to drop precipitously overnight and it looked like the Dow was set to open at least another 300 points. However, markets rallied in the early morning and...

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Shocking Market Meltdown Continues

US markets followed the lead of their European counterparts and traded sharply lower Monday, adding to the recent misery. The Dow closed down a shocking 633 points as panic and fear have now completely drenched this market. In...

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GEMS: Emotional Times Create Opportunity

Who would have thought the day Bin Laden was killed marked the short term high on the US stock market- and the low coming on the S&P downgrade of US debt? We certainly do not know- and I do not think- this is the for this...

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Testing Longs After More Panic Selling

By: Scott Redler The market opened lower and created a lower range in the first 45 minutes. Stocks tried to hold off lows but there were no signs of compelling strength. Not one stock I watch went green or filled its bearish...

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