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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (164867)	3/17/2008 6:08:55 PM
From: Galirayo	of 209892

The 200WMA is near 1300 ... The 144WMA is near 1360. The Deviation / Divergence is by Past History ... huge .. Definitely looks impulsive to me on the Down Stroke .. so there may be a Rubberband type reaction. Bear Mkt Rally .. if you will. I believe in the Theory of returning to the Mean. Has worked too many times to ignore. stockcharts.com I think I see what you're looking at on the 50dma with the Daily .. convergence of the 50 with Price ?? stockcharts.com

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