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      02-23-2013, 03:58 PM   #1277
Hisam135i's Avatar

Drives: 335i
Join Date: Dec 2010
Location: Irvine, CA

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Originally Posted by r0wr
Originally Posted by r0wr View Post
Rotation is just barley starting: out of hi betas, into staples (KO, MCD), and into other dividend paying stocks (safer). If you haven't closed out some of your longs, now is the time to do so. We're in for a correction. IMO, today's decline is considered a buy and we'll try one more time up before we see a true top.
As stated, the declines were considered a buy and I still see us trying the top again before we see a true reversal.
Agreed, I'm looking at a turnaround in almost all currencies against the dollar. Meaning the dollar should lose some value in the coming week or so leading to equities rallying
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