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Strategies & Market Trends : TA setups-ex th traders

DIA 470.90

-0.5%

Nov 4 4:00 PM EST

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To: cthruu who wrote (1204)	3/4/2004 10:00:08 PM
From: Tom Swift	Read Replies (1) of 7682

I just started a new "Slant Chart" TA thread where RMBS had a big influence in my thought process over the past six months. Subject 54774 There is a fair amount of preliminary discussion on the "Ask Dr. Bob" thread. Message 19878456 Right now, RMBS is IMO a hard call. It could drop to ~30 or pop to ~ 35. The RSI(5) curvature is not giving any clues - it is in gear with the price. stockcharts.com[w,a]dhclyiay[pd20,2!b20!b50!b200!f][vc60][iut!lb5!la12,26,9!ll14][J26896766,Y]&listNum=9 If I had to guess now, I would pick up. However this really depends on the Nazdaq, 2068 is a key breakout level tomorrow. If we bounce off that, we go down towards 2020ish again.

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