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KELTNER CHANNELS  |  January 9, 2009
NY Composite Technicals, Breadth Still Positive For 2009 Rally
Having gained as much as 29% since making a major low in November 2008, the New York Composite Index now resides near its 50-day exponential moving average. Is another downleg due, or is this just a pause before running even higher?
by Donald W. Pendergast, Jr.

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