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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 695.49

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Jan 27 4:00 PM EST

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To: Casaubon who wrote (64361)	12/15/2000 9:00:36 PM
From: LTK007	Read Replies (1) of 99985

<lots of rising wedges into gap down resistance. If this thing doesn't fall apart like a cheap suit, it's going to be range bound for a while> i was noticing that myself,and right now all i can think,if this market doesn't just give it up and have a true capitulation,our traders life will be one of constant "be on the edge" flipping from long to short and trying not to get hit hard by a wrong turn. the 401k money is not our friend,it is our enemy,for without a capitulation we will have to make money the hard way,raw guts churning in a trendless but sharp up and down market,where mistakes are punished severely.imo,max

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