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

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To: Real Man who wrote (8052)	10/14/2005 5:46:11 PM
From: GROUND ZERO™	Read Replies (1) of 12411

Good question... I just don't like the chart pattern here, no basing, no wiggles, nothing but the spiral... even though prices broke through the wall today, the overall chart looks sick... I was long three at various prices but mistakenly bought two days too soon, so I was averaged in at a higher level and didn't like the odds, since the spiral shows the price floor to be just under 1180ish most all of next week... had I fit the spiral correctly the first time I would be in at 1178.00 just last night, this is considerably lower... I don't want to be caught long three big ones if this signal fails... on the other hand, if we go to the moon on this rally, I'm very happy with one contract... GZ

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