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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X	12/21/2005 6:40:49 PM
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MARKET ALERT, MARKET ALERT stockcharts.com[s58115156]&disp=O Today Jack Chan has issued a market alert for subscribers. Now there is a problem because I am not a subscriber. But his breakout model on the third page , first chart, says it all. His long term gold model has broken trend for the third phase and has retested as support. This is the beginning of the next gold phase as viewed by Jack Chan. This is my guess by looking at his charts. Today is the day to take the trade because stops are close by in case this turns out to be bull poop. This style of investing is the style that I have choosen because of the risk reward, close defined stop areas, and it lets the profits run. All ingredients of a great trading style. Jack Chan style investing is in my tool box of tools at the top of the page on this site. Equally as important to me as balance points and reversal triangles.

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