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Strategies & Market Trends : TA setups-ex th traders

DIA 462.58

+1.0%

Nov 21 4:00 PM EST

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To: cthruu who wrote (7052)	6/6/2005 3:24:26 PM
From: dfs405	Read Replies (1) of 7682

GP-- that is true but only to a degree---some things are being bought and others are not-- we are right where we started the year (give or take) in most of the indexes--hence range bound-- selling resistance and buying support has been working since last November- very few GooG's out there to be sure--ask the owners of Tasr, Rimm, Intu, etc. how they feel about buying pullbacks---I think a sharp eye is to be kept at areas of Support and resistance for sure-- although I think we are on the same page, I personally don't feel like its a bull market by any stretch when the numbers are the same as they were 5-6 months ago---however, having said that my DIA projections have been quite optimistic since the last lows were hit in May--if you recall those posts and charts :-) Jan 3,2005 S&P 1203---- todays 1195.71 Jan 3,2005 INDU 10,729-todays 10,460.00 Etc, Etc, Etc :-)

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