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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (22882)8/3/2001 4:57:08 PM
From: Crimson Ghost  Read Replies (2) of 30051
 
Zeev;

Well we bounced towards the close yet again, albeit not that much. But the fact that the market rallies almost every day at the close is considered very bullish by some like Don Hays. The idea is that the smart money moves near day's end while the dumb money does its thing the first hour.
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