Cabot Top Ten Trader Movers & Shakers Weekly Update

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Article Excerpt

After six very strong weeks on the upside, the sellers finally showed up in the middle of the week. Some retrenchment was likely, and so far, it’s been well within normal bounds. We remain mostly optimistic longer term, as enough bullish evidence has accumulated to think the path of least resistance is up. Shorter term, picking your spots makes sense, as does honoring your stops and seeing how this pullback unfolds.

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