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Hedge fund Washington Real Estate Holdings LLC has purchased Citigroup Inc.’s equity control of the St. Regis Monarch Beach, the 400-room luxury resort made infamous by bailed-out insurer American International Group Inc.’s aborted plans to host a sales conference there in 2008.

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The guidance numbers from last earnings season were very positive.  The spread between the number of companies raising guidance versus lowering guidance came in at one of the highest levels in more than a decade.  When guidance is strong in any given earnings season, it means expectations for the following earnings season will be high.  Below we highlight the guidance breakdown from last earnings season by sector

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6 Consecutive Reversal Bars

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Epic Energy Resources, Inc. & Bontan Corporation Inc.

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Every blog I have read tonight says we are in a triangle and tommorrow should start a big move up – even EWI. Now I think to myself: do 1-2-1-2’s sometimes get confused as diagonals and are triangles often recognized too early. My take, after a margarita and a half carafe of wine, is below.  Any move above the high of 3-31 negates this count.

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Toyota Motor Corp. released on Monday preliminary test results which showed inconsistencies in a man’s account last week of his Prius hybrid suddenly accelerating out of control on a highway near San Diego, California.

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Denial is an insidious and serious human condition that can be extremely dangerous to traders. I think out of all the human conditions, denial is one of the most harmful.

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