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Politics : Idea Of The Day
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To: GROUND ZERO™ who wrote (30660)2/6/2000 9:59:00 AM
From: JDinBaltimore  Read Replies (1) of 50167
 
Hi GZ,

There was a recent post on another thread in which you were mentioned in the elite group with
other SI Icons as IKE... So I hope you don't select "Ignore this Person" -g- but I' fascinated by
this Backwardation and Contango concept.
e-analytics.com
you mentioned Friday's action as "non-event" but if you were involved and trying to gauge if
market had enough momentum to push through that resistance on SPH, would the above
mentioned theory have any play in the decision. Personally I like to switch to candlesticks during
ranges which are acting on supports and resistance levels.. they seem to represent the action
more lucid. Any insight as to what you find as a good indicator to show momentum when trading
at a support or resistance level, as on friday.

Thanks so much for you're time.

Best Regards
John
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