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Strategies & Market Trends : Zman Market Timing
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From: Fintas3/4/2015 4:45:51 PM
1 Recommendation

Recommended By
toccodolce

   of 15903
 
HMMM 10% from 2115 ish is?

Let me see.. 211.5 points from 2115 (Ex) would be 1900 ish HMM does that turn the 54? Well for those who simply count numbers. Yes it would 211 is more that 162. But for those who use PNF and count from the 1980 then 1980-54 equals 1926 If one wants to trade a number then there it is.

On the other hand what's 15% do?

Well one thing at a time.

More importantly would a 10% drop be a harbinger of things to come if the bullish scenarios do not work out and any bounce off the pullback fails to take out the 2115 to then set up for another leg lower.

I'm on record for a 20-30% pull back. We shall if I am correct or not in time. I'm in no rush.

IMO

Fintas
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