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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Rich1 who wrote (2592)	2/9/2003 1:02:22 PM
From: Chip McVickar	Read Replies (2) of 12411

>>I agree and am positioned accordingly..<g> << Do not be mistaken... You want the Gap at 803 to be closed. Furthermore.... the trend of lower lows and lower highs has not been broken. Right now it's a measured sell-off... Until the positive volume returns it won't happen.....!!!!!! ARMS Net Diff of up/dwn volume cannot put together 3 days of positive volume for weeks. THe measure of positive volume against negative volume supports a declining price. Until then all rallies will be sold. Technically this weekly downward pitchfork has held onto price as of close, but just barely. Price must respond and be drawn to and over this median line or the lower tine is active. stockcharts.com[h,a]wjhaniay[de][pf][vc60][j10155432,y]&listNum=1

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