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Strategies & Market Trends : Group Therapy

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To: country boy who wrote (2259)9/1/2000 10:23:18 AM
From: E. Graphs  Read Replies (1) of 4564
 
Country Boy,

>>Got to go against your bearish call on Naz falling back to 3500 or below. I think it's up from here for a while... Do you think so too now that 4200 has been passed?<<

If you read my post again you will see that I said exactly that.......clearly pointing out resistance and support levels as I see them.....both ways.

Message 14305803

In an earlier post I also said where I thought we would go IF we did not break a major area of resistance.

My style, when resistance is strong, is to pull back a bit and raise some cash. Then, if we break through, to come back in on a possible pullback. If I choose to brave it through resistance with part of my funds, I try to sell the breakout hoping to get back in on a possible test of new support, just like anyone else would do.

Hope I didn't confuse anyone.

E
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