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	<title>The Wall Street Examiner &#187; Clue</title>
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	<description>Be prepared. Stay ahead of the herd.</description>
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		<title>Tomorrow Is A Big Day &#8211; Why Fed Should Not Act</title>
		<link>http://wallstreetexaminer.com/2012/01/24/tomorrow-is-a-big-day-why-fed-should-not-act/</link>
		<comments>http://wallstreetexaminer.com/2012/01/24/tomorrow-is-a-big-day-why-fed-should-not-act/#comments</comments>
		<pubDate>Tue, 24 Jan 2012 17:16:34 +0000</pubDate>
		<dc:creator>Lee Adler</dc:creator>
				<category><![CDATA[Charts]]></category>
		<category><![CDATA[Economic and Financial]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Email Bulletins Archive]]></category>
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		<category><![CDATA[Ecb]]></category>
		<category><![CDATA[Excrement]]></category>
		<category><![CDATA[Executive Summary]]></category>
		<category><![CDATA[Foolishness]]></category>
		<category><![CDATA[Liquidity]]></category>
		<category><![CDATA[Mainstream Media]]></category>
		<category><![CDATA[Manipulation]]></category>
		<category><![CDATA[Manipulators]]></category>
		<category><![CDATA[Mayhem]]></category>
		<category><![CDATA[Personal Bias]]></category>
		<category><![CDATA[Professional Edition]]></category>
		<category><![CDATA[Pundits]]></category>
		<category><![CDATA[Rest Of The World]]></category>
		<category><![CDATA[Sinks]]></category>
		<category><![CDATA[Sludge]]></category>
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		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=70692</guid>
		<description><![CDATA[Tomorrow is a big day, with the FOMC announcement and the Fed revealing what it wants you to think about what it thinks it&#8217;s going to think it wants you to think. Or something like that. This Fed &#8220;tranparency&#8221; thing has been covered to death in the mainstream media. I think it&#8217;s another utter waste of time. I want to know what the Fed is doing, not what it wants you to think, and that&#8217;s what I report on every week in my reports to subscribers. It&#8217;s hard enough to know what the Fed is actually doing, but if you can get a handle on that (and, not to mention, the ECB), then you&#8217;ll have a leg up on the crowd, most of whom don&#8217;t have a clue.  With that in mind, here&#8217;s what I wrote on Saturday in the executive summary of the Fed update in the Wall Street Examiner Professional Edition (Liquidity Is Bullish Is All). _____________________________________________________ Those who don&#8217;t know me well have sometimes accused me of being a permabear. Those of you who do know me via these [Wall Street Examiner Professional Edition] reports know that I always strive to be just like Faux News, &#8220;fair [...]]]></description>
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		</item>
		<item>
		<title>SPX and RUT Update: Market Has Reached the Topping Target Zone</title>
		<link>http://wallstreetexaminer.com/2012/01/04/spx-and-rut-update-market-has-reached-the-topping-target-zone/</link>
		<comments>http://wallstreetexaminer.com/2012/01/04/spx-and-rut-update-market-has-reached-the-topping-target-zone/#comments</comments>
		<pubDate>Wed, 04 Jan 2012 13:18:00 +0000</pubDate>
		<dc:creator>Pretzel Logic</dc:creator>
				<category><![CDATA[Pretzel Logic E Wave Analysis and Market Commentary]]></category>
		<category><![CDATA[Today's Markets]]></category>
		<category><![CDATA[Trading and Technical Analysis]]></category>
		<category><![CDATA[Aaii Sentiment]]></category>
		<category><![CDATA[Bear Market]]></category>
		<category><![CDATA[Bear Markets]]></category>
		<category><![CDATA[Bears]]></category>
		<category><![CDATA[Bull Markets]]></category>
		<category><![CDATA[Clue]]></category>
		<category><![CDATA[Cnbc]]></category>
		<category><![CDATA[Confusion]]></category>
		<category><![CDATA[Couple Times]]></category>
		<category><![CDATA[Dow]]></category>
		<category><![CDATA[Drawing Board]]></category>
		<category><![CDATA[Extreme Difficulty]]></category>
		<category><![CDATA[First Wave]]></category>
		<category><![CDATA[Kit And Kaboodle]]></category>
		<category><![CDATA[Legs]]></category>
		<category><![CDATA[Rally]]></category>
		<category><![CDATA[Second Half]]></category>
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		<description><![CDATA[I was watching CNBC last night, and it seemed like every other guest was predicting Dow 36,000 for 2012.&#160; Correct me if I'm wrong here, but don't bull markets start when everyone is bearish?&#160; In March of '09, AAII sentiment was over 70% bears...]]></description>
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		<slash:comments>0</slash:comments>
<enclosure url="" length="" type="" />
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		<item>
		<title>SPX and Dow Update: Critical Week for the Short Term?</title>
		<link>http://wallstreetexaminer.com/2011/12/18/spx-and-dow-update-critical-week-for-the-short-term/</link>
		<comments>http://wallstreetexaminer.com/2011/12/18/spx-and-dow-update-critical-week-for-the-short-term/#comments</comments>
		<pubDate>Mon, 19 Dec 2011 01:10:00 +0000</pubDate>
		<dc:creator>Pretzel Logic</dc:creator>
				<category><![CDATA[Pretzel Logic E Wave Analysis and Market Commentary]]></category>
		<category><![CDATA[Today's Markets]]></category>
		<category><![CDATA[Trading and Technical Analysis]]></category>
		<category><![CDATA[Acceleration]]></category>
		<category><![CDATA[Bearish Sentiment]]></category>
		<category><![CDATA[Clue]]></category>
		<category><![CDATA[Corrective Wave]]></category>
		<category><![CDATA[Dow]]></category>
		<category><![CDATA[Downward Movement]]></category>
		<category><![CDATA[Impulse Wave]]></category>
		<category><![CDATA[Inflection Point]]></category>
		<category><![CDATA[Nyse Composite Index]]></category>
		<category><![CDATA[Nyse Composite Index Nya]]></category>
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		<category><![CDATA[Rallies]]></category>
		<category><![CDATA[Several Ways]]></category>
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		<description><![CDATA[On Friday, the market again performed in accordance with the expectations of the preferred count, with the Dow and SPX&#160;hitting&#160;their targets and reversing&#160;within just a few points.&#160; This does remain a difficult market to anticipate,...]]></description>
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		</item>
		<item>
		<title>Journalists Jumping To Conclusions Can Get Contusions</title>
		<link>http://wallstreetexaminer.com/2011/12/07/journalists-jumping-to-conclusions-can-get-contusions/</link>
		<comments>http://wallstreetexaminer.com/2011/12/07/journalists-jumping-to-conclusions-can-get-contusions/#comments</comments>
		<pubDate>Wed, 07 Dec 2011 18:58:08 +0000</pubDate>
		<dc:creator>Lee Adler</dc:creator>
				<category><![CDATA[Economic and Financial]]></category>
		<category><![CDATA[Email Bulletins Archive]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[Asset Base]]></category>
		<category><![CDATA[Assets]]></category>
		<category><![CDATA[Balance Sheet]]></category>
		<category><![CDATA[Central Banks]]></category>
		<category><![CDATA[Clue]]></category>
		<category><![CDATA[Constituent]]></category>
		<category><![CDATA[Contusions]]></category>
		<category><![CDATA[Custody Accounts]]></category>
		<category><![CDATA[Ecb]]></category>
		<category><![CDATA[H41]]></category>
		<category><![CDATA[Journalists]]></category>
		<category><![CDATA[Jumping To Conclusions]]></category>
		<category><![CDATA[Loans]]></category>
		<category><![CDATA[Pedro Da Costa]]></category>
		<category><![CDATA[Swaps]]></category>
		<category><![CDATA[Treasuries]]></category>
		<category><![CDATA[Wall Street]]></category>
		<category><![CDATA[Wall Street Journal]]></category>

		<guid isPermaLink="false">http://wallstreetexaminer.com/?p=64161</guid>
		<description><![CDATA[Pedro da Costa, maybe the smartest and best reporter covering the Fed, and who seems like a good guy, has a blog post out today suggesting that the $50 billion ECB dollar lending operation today will cause the Fed&#8217;s balance sheet to expand. He&#8217;s piggy backing on Mike Derby&#8217;s column in the Wall Street Journal, most of which is behind a paywall, so I don&#8217;t have the full story on that. I think that the conclusions are unwarranted, or at least premature, until we see the Fed&#8217;s H41 statement for this week or next, depending on when the funding settles. If not same day, the effect would not show up until next week&#8217;s H41. Da Costa&#8217;s piece implies that one result of the loan will be a jump in the Fed&#8217;s custody accounts of foreign central bank holdings of Treasuries and Agencies and that that would somehow imply an increase in the size of the Fed&#8217;s balance sheet. First, even assuming all of the $50 billion came via swaps with the Fed, custody holdings are custody holdings. They are assets of foreign central banks. They are not part of the Fed&#8217;s asset base. There is no direct connection between the [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>SPX Update: The Crash vs. Seasonality: Round One</title>
		<link>http://wallstreetexaminer.com/2011/11/23/spx-update-the-crash-vs-seasonality-round-one/</link>
		<comments>http://wallstreetexaminer.com/2011/11/23/spx-update-the-crash-vs-seasonality-round-one/#comments</comments>
		<pubDate>Wed, 23 Nov 2011 12:36:00 +0000</pubDate>
		<dc:creator>Pretzel Logic</dc:creator>
				<category><![CDATA[Pretzel Logic E Wave Analysis and Market Commentary]]></category>
		<category><![CDATA[Today's Markets]]></category>
		<category><![CDATA[Trading and Technical Analysis]]></category>
		<category><![CDATA[1941]]></category>
		<category><![CDATA[Bear Market]]></category>
		<category><![CDATA[Black Friday]]></category>
		<category><![CDATA[Clue]]></category>
		<category><![CDATA[Distribution Mode]]></category>
		<category><![CDATA[Hedge Funds]]></category>
		<category><![CDATA[Holiday Cheer]]></category>
		<category><![CDATA[Holiday Sessions]]></category>
		<category><![CDATA[Light Volume]]></category>
		<category><![CDATA[Market Tomorrow]]></category>
		<category><![CDATA[Nbsp]]></category>
		<category><![CDATA[Nine Years]]></category>
		<category><![CDATA[Quantities]]></category>
		<category><![CDATA[Retail Investors]]></category>
		<category><![CDATA[Seasonality]]></category>
		<category><![CDATA[Simple Fact]]></category>
		<category><![CDATA[Spx]]></category>
		<category><![CDATA[Suckers]]></category>
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		<category><![CDATA[Volume Days]]></category>

		<guid isPermaLink="false">http://wallstreetexaminer.com/?guid=f38dc0f79e85f15ca7b66bdbb7129d19</guid>
		<description><![CDATA[The&#160;traditional wisdom is that light-volume holiday sessions, such as the sessions approaching on Wednesday and Friday, are bullish.

Since 1941, Black Friday (the day after Thanksgiving) has seen an average rise of 0.28%, and a positive close 70%...]]></description>
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		<slash:comments>0</slash:comments>
<enclosure url="" length="" type="" />
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		<item>
		<title>The Shanghai Composite&#8230; or something</title>
		<link>http://wallstreetexaminer.com/2011/11/13/the-shanghai-composite-or-something/</link>
		<comments>http://wallstreetexaminer.com/2011/11/13/the-shanghai-composite-or-something/#comments</comments>
		<pubDate>Sun, 13 Nov 2011 09:04:00 +0000</pubDate>
		<dc:creator>Pretzel Logic</dc:creator>
				<category><![CDATA[Pretzel Logic E Wave Analysis and Market Commentary]]></category>
		<category><![CDATA[Today's Markets]]></category>
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		<category><![CDATA[China]]></category>
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		<category><![CDATA[North America]]></category>
		<category><![CDATA[Overstatement]]></category>
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		<description><![CDATA[The SSEC is a bit of a challenge for me to tackle, as I have no access to detailed intra-day data.&#160; Without a look at&#160;a 30-minute chart at least (preferably a 5 minute chart), I am unable to differentiate between the short-term structures, an...]]></description>
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		<item>
		<title>Time to start loading into long term shorts</title>
		<link>http://forums.wallstreetexaminer.com/topic/1010998-time-to-start-loading-into-long-term-shorts/</link>
		<comments>http://forums.wallstreetexaminer.com/topic/1010998-time-to-start-loading-into-long-term-shorts/#comments</comments>
		<pubDate>Mon, 24 Oct 2011 17:07:46 +0000</pubDate>
		<dc:creator>Bears Chat at The Wall Street Examiner</dc:creator>
				<category><![CDATA[Bears Chat]]></category>
		<category><![CDATA[Best of the Forums]]></category>
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		<category><![CDATA[Bear Markets]]></category>
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		<category><![CDATA[Clue]]></category>
		<category><![CDATA[Perspective]]></category>
		<category><![CDATA[Sp 500]]></category>
		<category><![CDATA[Tza]]></category>

		<guid isPermaLink="false">http://forums.wallstreetexaminer.com/topic/1010998-time-to-start-loading-into-long-term-shorts/</guid>
		<description><![CDATA[With TZA now having dropped 50% in 15 trading days, the SP 500 has now retraced the minimum (.618) requirement that was necessary (from an EW perspective)following the 3 wave drop from 1340 to 1105.

I am half in with TZA here just below $33 and hope t...]]></description>
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		</item>
		<item>
		<title>It&#8217;s called SCAM WEEK for a reason</title>
		<link>http://www.capitalstool.com/forums/index.php?showtopic=11289</link>
		<comments>http://www.capitalstool.com/forums/index.php?showtopic=11289#comments</comments>
		<pubDate>Tue, 18 Oct 2011 20:00:22 +0000</pubDate>
		<dc:creator>The Daily Stool</dc:creator>
				<category><![CDATA[Best of Capitalstool.com]]></category>
		<category><![CDATA[Clue]]></category>
		<category><![CDATA[Reason]]></category>

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		<description><![CDATA[I got no clue]]></description>
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		</item>
		<item>
		<title>Bailout planet</title>
		<link>http://www.capitalstool.com/forums/index.php?showtopic=11239</link>
		<comments>http://www.capitalstool.com/forums/index.php?showtopic=11239#comments</comments>
		<pubDate>Thu, 15 Sep 2011 20:00:39 +0000</pubDate>
		<dc:creator>The Daily Stool</dc:creator>
				<category><![CDATA[Best of Capitalstool.com]]></category>
		<category><![CDATA[Bailout]]></category>
		<category><![CDATA[Clue]]></category>
		<category><![CDATA[Perception]]></category>

		<guid isPermaLink="false">http://www.capitalstool.com/forums/index.php?showtopic=11239</guid>
		<description><![CDATA[We need weekly bailouts just to keep the system from collapsing,how anyone perceives this as bullish I have no clue.....

With each bailout it just shows how bad things are,and they really have no way to fix it.But i guess it's perception that matters. ]]></description>
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		<item>
		<title>Bear Market Rules Apply</title>
		<link>http://forums.wallstreetexaminer.com/topic/995802-bear-market-rules-apply/</link>
		<comments>http://forums.wallstreetexaminer.com/topic/995802-bear-market-rules-apply/#comments</comments>
		<pubDate>Sat, 03 Sep 2011 10:28:53 +0000</pubDate>
		<dc:creator>Bears Chat at The Wall Street Examiner</dc:creator>
				<category><![CDATA[Bears Chat]]></category>
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		<category><![CDATA[Excerpt From]]></category>
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		<guid isPermaLink="false">http://forums.wallstreetexaminer.com/topic/995802-bear-market-rules-apply/</guid>
		<description><![CDATA[09/02/2011
Bear Market Rules Apply
by Carl Swenlin

It is a concept that we stress on a periodic basis, and we got another illustration this week. Technical indicators must be interpreted within the context of the overall market trend. 

(This is an ex...]]></description>
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