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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: TREND1 who wrote (30020)2/13/2002 6:41:34 PM
From: Alex MG  Read Replies (1) of 99280
 
It's an uptrend until it turns back to a downtrend. Aren't the major averages still under their 200dma? The markets have definitely rolled over and broken down since the Dec-Jan highs. Of course it's not gonna go straight down. After those 5-6 days in a row of down it was due for a bounce. It's the "bump-n-grind two-step shuffle". Two steps down one step up, rinse and repeat.
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