A word of caution from a great timer

The S&P 500 will rise as high as 1,254 before falling at least 5.6 percent, he wrote in an e-mail today.

“This rally should squeeze short sellers and exhaust late buying,” said DeMark, the founder of Market Studies LLC. “The rally should be fast.” (Source: Bloomberg)


More details in my The Peter Dag Portfolio and my free educational videos on www.peterdag.com.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

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