I dont know about all this quant theory, but my intuition tells me that Friday night in the US will define the next week, and indeed the gravity of the impending fall. As I posted last night, markets always in time revert to averages, and the world markets have certainly some averaging down to do. XJO should be, on a linear path, around 4600 to 4800 points. Not suggesting that much of a correction could occur quicky but eventually in the long term it will fall into line.
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