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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Trumptown who wrote (43816)3/14/2003 11:49:03 AM
From: Compadre  Read Replies (2) of 52237
 
This is a very violent reversal, accompanied by heavy volume. My indicators ended in extreme overbought areas. Normally, when the market is heading down, I seldom get this kind of sell signals. In other words, I am using this signal as contrarian indicator for longer term views. The sell signal is still valid for the short term.
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