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Strategies & Market Trends : News Links and Chart Links

SPXL 213.39

-5.0%

Nov 13 4:00 PM EST

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To: Zeev Hed who wrote (1111)	12/8/2001 8:21:28 PM
From: Zeev Hed	Read Replies (1) of 29596

I am not sure it "is" worse, but it "looks" worse since the 50 and 200 EMA are still far from crossing... We really are not in a bull move until we cross and stay above the 200 EMA (and I actually add to that and do not breach it back for 4 months, of course, by then a good third of the move is done ...). Fake moves above the 200 EMA are a dime a dozen and hurt the most (g). In bear markets, the region of the 200 DMA is were advances are typically repulsed from. See May, June July and even August, when we satyed above for 4 days before taking a bad tail spin. Zeev

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