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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: quehubo who wrote (8701)	4/6/2002 8:58:34 AM
From: chowder	Read Replies (3) of 206131

Shame on me! I wasn't paying attention to the OSX yesterday when "program buying" entered the OSX around 1PM. The OSX reached a major level of support, a triple bottom. This is where technicians love to pick up positions. Triple bottoms present one of the best patterns to trade off of. Whether there's any follow through or not remains to be seen, but if you trade the technicals, and want to invest in the sector, that was the point to pick up an entry position. This hourly chart should clearly show the triple bottom and the immediate response to the pattern. Program buying is that efficient in picking the exact moment to kick in. stockcharts.com[h,a]eaclynay[pb10!f][iut!lh14,3][J3843783,Y] Keep in mind, this is a very short term analysis. dabum

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