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The January CBI report did the opposite selling sales -24 vs -15 by -15


Sharp dealers reported a sharp drop in marks to start the year as GLUM MODs continue from last year. The sales to the next month also fell from -11 to -26, clarifying that sellers do not expect that the fortunes will improve in February. CBI notes:

“Retailers were in weak demand and the blow down like sand continued on business conditions.”

This article was written by Justin Low at www.forxLive.com.



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