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[Douglas]

Yesterday and today are a turn or acceleration risk window produced by the system. Given the extremely negative sentiment created by all the panic talk about China and the Greeced market skids, I assume it will be a turn up. The trading system (long only) is currently still out of the market. Given its affinity for whipsaws, it will probably be forced back in on any significant rally from here. Any trend down for quite some time now has been quickly met with Chinese style everything-but-the-kitchen-sink intervention The next risk window appears to be Wednesday and Thursday July 15th and 16th. Regards, Douglas