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Strategies & Market Trends : Charting & Technical Analysis for Stock Indexes

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To: macavity who wrote (80)	11/21/2001 9:44:56 PM
From: chartwiznyc	Read Replies (1) of 211

Yes exactly...........non-confirmation could be used in other ways & that’s just something to always watch for confirmation & non confirmation of the trend, an important tool to trading............. You will find into the future my references to my chat room.... the reason why is that its a good way to show you what happened REALTIME at the time when i was looking at the markets & how i was thinking at that time.....& not just talking about what could have happened after the fact....stuff that works & what i was looking at........ Okay.....yesterday I noticed a sell divergence in MSFT, how ? well the this market was rallying & the indexes & other leaders where not.........look at your 5 min charts at the time of my commentary & see what I was referring to & follow my thinking & why & what happened from that point so you understand this sell type of divergence........ GO to this link and see the chart & transcripts to see what I was looking at & how i traded it......from the non confirmation trade www.stocktrendwizard.com/MSFTnov20.htm

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