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Strategies & Market Trends : Classic TA Workplace
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To: SwampDogg who wrote (94426)4/6/2004 7:57:43 PM
From: Shack  Read Replies (1) of 209892
 
The SPX is up 6% in two weeks in a straight line, what's bearish about that? Plenty of momentum to hit new highs here fuddle. I have no idea about 1190 (or why it was brought up) but new highs are still my favoured.

NOK was down 18% today and the SPX was almost unchanged. Its going to take a lot more than that to damage the charts technically. On the charts there remains very little for bears to hang their hat on.

And AA looks quite bullish to me despite the AH stuff, at least until the last low is broken. Sideways correction completed on March 24th looks good for now.
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