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Strategies & Market Trends : Technical Analysis - Beginners

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To: TechTrader42 who wrote (11449)	2/8/2001 9:36:14 PM
From: Chris	of 12039

conflicting time frames: As discussed couple days ago about me having a 30 min buy and daily sell -- you can see how the daily sell had the overwhelming FORCE. this is TA in action and I love it. This concept alone is very HARD to master (for me anyway), and one you cannot master in BOOKS. the reason why is : As Trader X said, sometimes the 30 min buy will LEAD the DAILY SELL (to turn to a DAILY BUY) but the reason why I didn't agree with that was: 1) channel breakdown 2) VIX was low 3) bad CSCO news 4) market (naz) has RISEN 11-15%.. so more risk to downside than up. 5) among many other reasons

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