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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (3913)5/31/2001 2:18:01 PM
From: JRI  Read Replies (1) of 209892
 
I'd love to see us get near your target (2185), for I think the wedge break is a natural "get out, and reassess- something else might be up" point if the market continues up (past 2200).....agreed?..I like the r/r of potential 1% loss vs. potential multi-% gains (of our 5)

I'll be doing some serious number crunching tonight...given how far we came today....I'm likely disregarding 2045-2050, and will look to leg in higher...2170-2185 maybe...but have to look again at Fibos, and all other stuff..

So far, so good...this 4 is doing what it should..gap up tomorrow would be just beautiful....hoping we hold current levels by close..

edit: Just remembered that bobcor is looking for a flat 4 here (after sharp 2)...don't know if the character of today qualifies for a "flat", but perhaps I shouldn't disregard that 2150 level so easy (it is a 38% fibo vs., I believe, we did a 50% on the 2)...BC's been (also) spot-on as on late..
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