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Strategies & Market Trends : Classic TA Workplace
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To: ajtj99 who wrote (62978)1/7/2003 9:48:43 PM
From: At_The_Ask  Read Replies (1) of 209892
 
If you want to go long for 50 spx points you could try it. Imo if we even get that far we'll be lower than here thirty days later. I went flat because I can't say how much higher it goes and even then I'd just rather play for the bigger move on the way back down. If I'm right the down to come is a bird in the hand, while the up is one in the bush.

I've been contemplating what could cause the selloff aside from "overbought" conditions and I think it will be a global event like we invade iraq or something.
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