Tuesday October 18 2011 market note

Attached is an updated view of my working market model.  Presently the -189 net SELL imbalance as applied against the
S&P500 has improved from its low of -351.  This uptrend is usually a
positive divergent trend, signaling a market uptrend lasting some
number of subsequent months.  From the time of the original signal on 9/27 at 117.54, the market has climbed to 122.58.

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