Winginit,
McHugh might be a good analyst, but he is a poor communicator.
His post was on Wednesday, after last Tuesday's US markets.
"We expect a buy signal tomorrow, December 24th, in our reliable PPT indicator. The odds of
that happening are above 90 percent. This is usually an early warning of trend turns, so it argues that
this phi mate turn ---WEDNESDAY DECEMBER 23 ---- is going to be a bottom, with a multi-week rally coming. We got a bullish divergence in the 10 day average advance/decline line indicator Tuesday."
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