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Market's Going Nowhere

The long-term indicators still say up for now, but it's hard to tell if it is basing action or spinning our wheels.

This issue of the newsletter points out that four weeks ago, the day after the bottom was made, the S&P 500 closed at 1352. Today it stands at 1359. But the indicators still are still pointing upwards -- for now. In addition, four new ideas, updates on previous picks, today's indicator and reader feedback on six names.