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CLOSING THOUGHTS

Well, that wasn’t so nice. Just a heavy day. Not so thrilled Transports move out and then tuck their head in like a frightened turtle. Not so thrilled that the small caps still under-perform. But market needs a rest. Markets need some pulling in. Markets need to wipe the smiles off the face of the bulls and put some doubt back in the system. Doubt breeds higher prices. Markets remain stretched, extended and overbought witha good does of bullishness