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Hi P,

I don't usually buy into the XJO thread - I usually keep my comments for CDU.

However, on this occasion, I'll make an exception. :) (Please excuse a little arrogance.)

P - I agree with you 100%.

DOW is very overbought - looks ready for a retracement.

Of course, as the pundits say, overbought can get more overbought.

But - this is already very very overbought.

Only a .50 cut can save it?

Cheers
Red