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Non-Tech : Raptor's Den
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To: GrillSgt who wrote (8304)2/27/2003 6:18:02 PM
From: mishedlo  Read Replies (1) of 10157
 
Fwiw,to follow up from this morning.. I like to see 75% to 80% up vol with expanded range up. We have done both today. Therefore I would say odds favor this is day 1 of new cycle unless we just give it up in the last hour. Earier OBV 5:1 + though makes this unlikely right now.
I would call this day 1 under that scenario which means tomorrow should be an intraday high if we are to enter a down cycle. Should see a high (hopefully a gap up in morning) tomorrow. I will sell the shit out of a gap! A goosed up preliminary GDP report may give us just that.

Please explain if TODAY is day one, why would you short a gap up tomorrow. Why shouldn't tomorrow be day 1.
Arent you bothered by the TRIN all day which suggests buying not selling on both incicies.

I do not understand your 12 day cycles so explain please.

Thanks

M
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