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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (80694)3/14/2001 11:19:16 PM
From: Michael Watkins  Read Replies (1) of 436258
 
Heinz, a chart I call 'On the road again'

ottographs.com

Or, bounce em baby, there's plenty of time to fall later.

200 period moving averages on chart only because others look at them. In the SPX case, others are probably increasingly concerned. Interestingly, the SPX upper trading range measures exactly (within reason) the move down to lows of 1998.

May not get there all one move, but assuming it continues to move down now or later, I think quickly traders will just pull the plug because its the easiest thing to do.
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