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Plenty of Reasons to Stall Here

By Harry Schiller

 About this article:
 It's rarely perfect. That is, the ducks rarely line up in a neat straight line. Some duck is always wondering around out of place, or nowhere to be found. Still, even though some indicators suggest otherwise, I'm looking for downside amid this rally. As I explained in last week's column, forecasting and certainly trading the market is all about the gray areas. If it were black and white, it would be easy and we would all be out on our yachts instead of working hard to beat the averages and make a buck. But it's not easy, and today's rally is a good example of what makes it so tough. As the market pops today, the signals couldn't be much murkier. On the positive side of things, some of the bullish developments I have recently highlighted are still in place, including the recent "golden cross" in effect...

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