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Bit of a ho-hum day with Wall St closed overnight and not much else going on. Today we note the profit taking in some recovery sectors yesterday after a great rally and wonder whether it is time to take some profits ourselves. We sold RMD and ASX yesterday and have done some numbers on the Travel sector and it has to be said - some stocks are anticipating a lot of recovery potential before it has happened. We have declared ourselves "biased to selling".  We list a few positives and negatives and have the usual list of Technical Observations. Early lunch day.