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Strategies & Market Trends : Classic TA Workplace
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To: byhiselo who wrote (100976)7/9/2004 8:55:32 AM
From: At_The_Ask   of 209892
 
Entirely possible. I like it as keep it simple standard ta read. By the same token I'm watching the 200dma and using the old saw "third times a charm" when it comes to resistance. This time should be a charm when it comes to the 200 and we should either break away from it to the upside once and for all or break below for a bigger correction.

I favor the downside for some ewave reasons but wave counts often just reflect the counters bias and I do tend to the bearish side.
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