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Dow pausing, not topping

The Dow Jones index is still poised to make new record highs in due course
November 20, 2012

The Dow has fallen through my stop-loss level and I hence turn neutral for now, says Warren Firth at www.globalprimepartners.com.au.

However, this development has postponed, rather than negated the move to 14545 that I am predicting. I am now seeking a low-risk buying opportunity. A break above 12940 would get me long again, with an initial target of 13871.