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Monday, October 17, 2011
TA dances along w/ events
Isn't it cool how the USD became very over bought and in need of correction as the Euro fears were spiraling out of control; how Uncle Buck took a correction right at a logical over bought level as fears eased and the Euro bailout story took hold; and finally, how it came to a logical point of support at the moving averages as some dour words out of Germany threw cold water on the party?