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Strategies & Market Trends : Classic TA Workplace

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To: Rambi who wrote (5156)	6/15/2001 11:18:43 AM
From: JRI	Read Replies (1) of 209892

Be careful here.....that was a nice run off the bottom, and it looks like its trying to muster the energy to close the gap, but if it can't, obviously not a good sign... Move your stops so you are profitable no matter what happens (and keep moving them up as market goes higher).....the more I trade, the more I realize the key is better entry-points, and taking profits/cutting losses quick and often...AND moving up stops often... Continued good luck....of course, this bounce could have more in it (we've had some serious down)...but after yesterday's fierce triangle break, and today's 2000....now's no time to get complacent long...the trading range looks broke to me)

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