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NASDAQ: This rally looks strange

I am not convinced with yesterday’s rally. First, it was triggered by several  comments from Kudlow – as if his comments mean anything. “Markets should be be scared, blah, blah..”.. Second, volumes were very low. Looks like it is just a  good old short squeeze…

Now, I am not big fan of going against the trend, but… I can go short based on technicals and – with a very close stops.


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