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How about a reasonable short term buying opportunity? We are now having the pullback most of us had expected. So far, this is fairly normal January trading - positive first week followed by a pullback. We are now short-term oversold, so a bounce could come any time. The quality of the bounce will tell the tale.
Longer term, I still think we will have one last run into the spring. Then I will vote for 2 or 3.
