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Strategies & Market Trends : Bullish Percent and VXN type indicators

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To: Michael who wrote (115)10/25/2002 3:55:21 AM
From: Steve Lee   of 119
 
the VXN 55 thing is just an observation. I wouldn't call it a rule as there are other factors. At the moment, I think shorting is considerably safer under 55 than it is over 55.

At another point in time, 55 might be a high level and u might be better served to wait for 45
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