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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Shack who wrote (79696)3/13/2001 1:37:46 PM
From: AllansAlias  Read Replies (2) of 436258
 
Nope. Could fail at any moment. Bottom of the COMPX gap is the best guess at this point. I would just wait for the next noticeable correction and then look for one more push from there. I would guess we are doing said expected correction right now. The S/R huggers will see it as a retrace to the break, offering them a good chance to get long.

Of course, if we were to drop back over the breakout line (approx COMPX 1970 for the next little while) then down is where I would want to be regardless.
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