The market had very big sell off today, confirming what I said in the last weekend's update " we may have seen important top on 9/23/09". My mechanical major top and bottom signal issued a new major SELL today. Many stocks had big broke down today. All major stock indexes broke below their daily 20MA/20EMA decisively. Nasadq closed right at intermdediate up trend line. I expect market may bounce to back-test its daily 20MA/20EMA and then resume down move again.
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