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	<title>A PART OF NY</title>
	<link>http://www.apartofny.com</link>
	<description>A Macro View on the minutiae</description>
	<lastBuildDate>Wed, 10 Mar 2010 21:39:18 +0000</lastBuildDate>
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	<item>
		<title>Chart Roundup and SPX Elliott Wave Count</title>
		<description><![CDATA[This market is sitting under the sword of Damocles.  It is happy gorging, laughing and partying and refuses to look up at the sword that is waiting to come crashing down.  I think it will fall and it will fall this year.  That over now to the charts&#8230;
First The SP500 Elliot Wave chart of the [...]]]></description>
		<link>http://www.apartofny.com/2010/03/chart-roundup-and-spx-elliott-wave-count/</link>
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		<title>Updated Elliott Wave Count for SP500</title>
		<description><![CDATA[[Updated 9.14am 3/10 - Corrected a mistake in the Short term chart]
We are still in Primary 2 up &#8211; although in the final throes. 
The initial stock decline of 2010 was Phase 1; the current rally will take stocks up to or slightly through the Jan highs.  Then the more serious Phase 2 will begin; The [...]]]></description>
		<link>http://www.apartofny.com/2010/03/updated-elliott-wave-count-for-sp500/</link>
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		<title>Chart Round-up</title>
		<description><![CDATA[I am just going to post updates on my top charts: Russell 2000, Dow Industrial, XRT, SPY and VIX.  As far as the SP500 EW count goes &#8211; I&#8217;ll go with my earlier post from this morning &#8211; we are still in Primary 2 up (although in the final throes) &#8211; this recount will require [...]]]></description>
		<link>http://www.apartofny.com/2010/03/chart-round-up/</link>
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		<title>Possible Alternative Count for SPX</title>
		<description><![CDATA[I was reading Planet Yelnick this morning, where he references Kenny&#8217;s explanation of where we are in the EW structure.  Kenny (who is one of the better EW counters) thinks we might still be in the final throes of an Ending Diagonal of Primary 2 up.  
As they point out it does explain this last weird [...]]]></description>
		<link>http://www.apartofny.com/2010/03/possible-alternative-count-for-spx/</link>
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		<title>Updated Elliott Wave count for the SP500</title>
		<description><![CDATA[Okay I feel a bit better about this one than many of my previous counts.  The rally from Feb 5 looks like a 5-3-5 Zig zag.   Now let us hope it does not turn out to be more complex.  Chart below:

]]></description>
		<link>http://www.apartofny.com/2010/03/updated-elliot-wave-count-for-the-sp500-2/</link>
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		<title>Updated SPY and DJIA</title>
		<description><![CDATA[Yawn &#8211; nothing happened today &#8211; which, for a Mutual Fund Monday is almost like a decline. 
For those of you who read my friday updates on the Industrials and the SPY (Sp500 ETF) you know that on Friday both indicies jumped out of their bear channels and I am watching to see if they will get [...]]]></description>
		<link>http://www.apartofny.com/2010/03/updated-spy-and-djia/</link>
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		<title>Russell 2000 and XRT Chart updates</title>
		<description><![CDATA[Until I am clearer on the EW counts I am going to stick with the trading charts on these 2.   Today both indicies hung at the top of their exhaustion zone.   Volume was dire.  Hardly anyone was interested in Selling however there was little interest in buyng at these price levels.   I would expect a reversion [...]]]></description>
		<link>http://www.apartofny.com/2010/03/russell-2000-and-xrt-chart-updates/</link>
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		<title>Retail Markup</title>
		<description><![CDATA[Who would have thought it &#8211; Retail stocks went on a tear on Friday &#8211; and now look more overbought than ever before.  My trading chart shows the index (XRT) at the far extent of exhaustion territory:

]]></description>
		<link>http://www.apartofny.com/2010/03/retail-markup/</link>
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		<title>Quick update on the Russell 2000</title>
		<description><![CDATA[So, from the perspective of the russell 2000, here we are back in Primary 2 up.  The major indicies have not confirmed this, which is bearish.  Additionally I&#8217;d like to share a straight trading chart:
Only once in the entire rally from March 2009 has the RUT managed to get to the top of the exhaustion buy [...]]]></description>
		<link>http://www.apartofny.com/2010/03/quick-update-on-the-russell-2000-2/</link>
			</item>
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		<title>Market Update</title>
		<description><![CDATA[on the 15th of March, 2009  Ben Bernanke appeared on 60 minutes.  One of the opening questions was:-
PELLEY when I called and proposed this interview about a year ago, your representative laughed out loud. And said, &#8220;The Fed chairman never does an interview.&#8221; I wonder why are you doing this?
BERNANKE Well, it&#8217;s an extraordinary time. [...]]]></description>
		<link>http://www.apartofny.com/2010/03/spy-review/</link>
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