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[Weekend Summary]

Dear Member:

The Dow has now moved back up near a little resistance in the 13,500 range. Now the question is whether the resistance will hold or whether the 30 industrials will form a double top. All the major indices were up for the week and it was interesting to see the bounce back up after a sharp drop Friday morning when poor retail sales were announced. It looks like the market is speculating that the Fed will reduce interest rates next week. If they don't we could see an adverse reaction.

Blackrock Sr Hi Income Fd (ARK) is set to pay another monthly dividend of 4.7 cents a share on the 28th.

I added a position in Silicon Storage Tech (SSTI) this week. The stock has just bounced up from a long term double bottom dating back to 2005 and a long term uptrend going back to late 1998.

Introgen (INGN) is still moving up from a reverse head and shoulders. I remain in my position awaiting more news on the final phase cancer treatment testing.

It is now starting to look like I may start to find more candidates in the $10 and Under category as the markets give some signs of returning to a bullish tendency. Of course, the Fed decision will probably have a pretty significant affect on market direction this week.

Have a great weekend.

Bill

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